Back to Top

Add to Shortlist View Shortlist
Receive Email Alerts

Listing ID: 2619543

Excellent Profitable Wilno / Barry's Bay Motel Near Algonquin Park For Sale

Ontario, Canada

BUSINESS SOLD

(Furniture / Fixtures and Inventory / Stock included)
(Real Estate Included)

Revenue: CA$ 100k to 250k

Cash Flow: CA$ 100k to 250k

Business Description

Highly successful turnkey business easily operated by a couple. Wake up every day to a beautiful rural setting and start making money. The Motel has 12 units plus a fully serviced trailer hook-up and an annual average room rate of $115.00. We have enjoyed owning this property for the last 14 years and are now planning retirement. There have been many upgrades including new septic system, windows front and back, high efficiency air conditioners, on demand water heater and regular decor attention. High speed fibre optic internet and satellite TV installed. The owners accommodation located in the centre of the building consists of three bedrooms, two bathrooms, two living areas and a kitchen. Adjacent to the kitchen is the office/breakfast room which provides additional revenue with room for expansion. Situated on 1.5 acres with excellent curb appeal on the well travelled tourist route of Hwy 60. Snowmobile/Atv trail B102 has direct access from the rooms.
This is a private sale, full financial details will be available to genuine buyers upon viewing. A vendor take back mortgage may be available as a first and only loan with 40% downpayment.
Price includes all chattels pertinent to the immediate and continued running of the business.

Property Details

Size:

330 Feet frontage by 200 Feet depth

Years Established:

40

Property Type:

Real

FF&E:

CA$ 95,000

Inventory Value:

CA$ 10,000

Real Estate Value:

CA$ 725,000

Other Details

Business Location:

Rural on highway with excellent curb appeal

Premise Details:

12 unit ground floor motel with parking at door. Office and 12 seat guest dining room.

Expansion Potential:

Trailer hook up already installed, could easily become extra accommodation or restaurant.

Living Accommodation?

Yes
Three bedroom, two full bathrooms, two living areas, kitchen, laundry and yard.

Operation Details

Employees:

Comfortably run by two owners, part time staff available if required

Support & Training:

Full training on all aspects of the business will be offered from current owners who have over thirty five years of experience each.

Miscellaneous

Financing Available:

Yes
With a 40% deposit we will hold a first and only mortgage

Reason For Selling:

Retiring

Selling a Business?

Visit the page to Sell a Business in Canada | Sell a Business in Ontario

BusinessForSale.com

Copyright © 1997 - 2018 Dynamis Ltd and all subsidiaries.

Registered Address:
Dynamis Limited. Dynamis House, 6-8 Sycamore Street, London, EC1Y 0SW. United Kingdom.
VAT No. 747791385 Company
Registration Number: 3788210

MEMBER OF