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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.

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Updated Motel For Sale

Location  Nova Scotia,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $255000
Net Profit / Cash Flow  $67000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1979
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  Available for full operating season if required.
Reason for Sale  30+ years as owners, retirement.
Description  This is perhaps the best opportunity in Nova Scotia for a true entrepreneur to acquire a long time successful accommodations business at a fraction of its asset value. Located in beautiful Sherbrooke, NS, the Sherbrooke Village Inn have been welcoming visitors to the growing North Eastern Shore for more than 30 years. Overview of Operations: - Close to $100,000 invested over past 5 year in capital improvements. - Total of 19 units, includes 3 chalets style cabins, 2 kitchenettes, a 3 bedroom rental home, and 13 additional units located on approximately 5.5 acres of land. Additional land is available. - Updated 55 seat licensed restaurant, lobster tank, fireplace, new kitchen equipment items. - Untapped potential in numerous market segments. I would be happy to discuss growth ideas. - Single owner managed. By choice, business operates only 7 months. The owners have always believed that the Sherbrooke Village Inn is the best choice for accommodations and meals anywhere in Gusborough County. Opportunities for immediate profit growth include: 1. Expense Reduction. Management with one owner, not living on site, requires additional staffing. Utilities management. Ideal for a onsite owner, couple, or young family. 2. Focused Marketing Program. Given the many years as owners, the sellers are no longer committing the ambition and energy to marketing as they once did. Several areas of opportunity exist. Connect with me to discuss. 3. Expansion Plan. Limited capital investment required can allow a new owner to leverage the available real estate as well as kitchen/dining capacity. Financial Highlights: - 16% revenue growth from 2006 through 2010, with 3 year average gross of $255,000. Contact for more information on this motel for sale.
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