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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Hotels and Holiday Accommodation Businesses For Sale Categories   >>   

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B & B Hotel Retirement Home 16 Rooms

Location  Ontario,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $75000
Net Profit / Cash Flow  $55000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Description  Beautiful historic brick home in a small town of Lucknow, 20 min from Lake Huron. Landscaped 220' x 118' lot with mature trees and hedges. Built in 1880, this residence is now set up to offer independent retirement living and also Bed & Breakfast accommodation. 8 bedrooms, 7 bathrooms, 4,500 sf living space, 16 rooms in total on 2 floors. 12 rooms are being rented now with 2 more rooms to be finished. Municipal water and sewer. Oil fired hot water radiant heating. Full unfinished basement with walkout. Major upgrades done. Many possibilities for further development. Close to park, schools and all amenities. Convenient highway access. See the layout of the building ... Contents on the building is negotiable in addition to asking price. Property taxes $2,000. Asking price $675,000. Thank you. Andrew Sobczak Broker of Record On Georgian Bay Real Estate Inc. Real Estate Brokerage Member of the Muskoka & Haliburton Real Estate Board RR2, PO Box 174, Victoria Harbour, ON L0K 2A0 Email or phone 705 543 1341
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