Resort For Sale
Location Ontario,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $500000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Reason for Sale Health reasons
Description Very successful resort, motel on Colpoy`s Bay prime recreational area of Georgian Bay on the Bruce Peninsula. This is a one of a kind waterfront resort popular as a wedding destination and more. 21 rooms, private beach, boat launch, licensed banquet hall, bar, dance facilities. 50% rooms are luxury rooms, with whirlpool tubs and fireplaces, pool, all rooms have a waterview of the bay, 3 levels plus office. Co-listed with non-member. Zoning R2 Gen/Comm with Exc. Assessed $823,000 for 2011 Commercial, $34,500 for 2011 Residential. Asking 1,400,000
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