Established Canadian businesses - For Sale by Owner - in Canada
Listing # 72919003
Business For Sale
Boutique Hotel with Excellent Cash Flows
Business Location: Nova Scotia Postal Code: B Relocatable: No
Hospitality & Food Service Accommodation & Recreation
This boutique hotel property is set in a prime tourist district and offers an incoming owner a growing source of income, easy operations of a rooms only business, and the opportunity for growth if desired.
Fiscal year end is June 30 - just before tourist season starts.
Cashflow for 2017 year end is expected to be well ahead of '15 and '16 given already generated results as well as current booking profile and secured contracts. Year to date cashflow is $344k in the first 8 months of the year.
Cashflow for 2017 - $375k (awaiting accountant prepared statements) Cashflow for 2016 - $325k Cashflow for 2015 - $323k
MARKET & COMPETITION
Prime downtown land provides the perfect street frontage for this operation and it's successful commercial leasing of this 3 storey boutique hotel. Location is ideal, within walking distance from all tourist attractions.
- Top of the line mechanical systems ensure cost of ownership kept to a minimum. All systems are approximately 5 years old. - Environmental assessment recently completed, all clear. - Total commercial lease revenue from 3 commercial units
DISCLAIMER BusinessSellCanada is not responsible for the accuracy of the information
shown in this "Business For Sale" listing. We provide advertising
space only - we are not business brokers. We do not verify the Seller's
authority. The Buyer should contact the Seller directly and verify the
accuracy of all information to his/her own satisfaction.