Motel For Sale
Location Manitoba,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $1500000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 10 - 19
Inventory $89,000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Full training to the right buyer.
Reason for Sale Retirement.
Description Don't miss out on this opportunity of a life time. Very busy well knowing motel in prime beaches region on Lake Winnipeg. 4 motel units, 214 seat beverage room / night club, brand new 100 seat patio w/ full service bar, & BBQ Pit area, 36 seat cafe w/ bakery, Only beer vendor in the area. New flooring being installed in march, full mechanical upgrades. Built in 1989. Since 2005 over $180,000 in upgrades. Just turn the key this may and a way you go. Full training and Vendor Take Back option of 10%. Asking $999,999, plus inventory at time of take over. We are being very picky whom we sell to, as the family has lived in the area for almost 100 years. Contact for more information on this motel for sale.
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