Business For Sale Listing 116165
Ocean Front Hotel
Status as of Jan-6-2009 at 06:07 PM: Active
Business Summary
This rare oceanfront hotel with property is located near one of the most popular, beautiful National Parks in Canada, attracting over 1 million visitors per year. The current owners have enjoyed the wonderful lifestyle provided by this business. Peak season is March to October. This 13 unit hotel has a very high average annual occupancy rate of 70%. The property can expand to double its current size. There is a good manager in place, thus the owner is not required to be the business operator. Tour bookings are a major source of revenue. Not included in this offering but available from the seller is an adjacent 1/2 acre of waterfront land ready for development. Combining the two land parcels should enable the re-development of this business to a 50+ unit property. For more information please call or email.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($485,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($185,000) |
| Profit Type: |
Cash Flow |
| Asking Price: |
Between $2.5 Million and $5 Million ($2,500,000) |
