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Businesses For Sale   >>   Ontario Businesses For Sale Categories   >>   

Lodge And 6 Cottages For Sale

Location  Ontario,Canada
Asking Price Range  $250K - $500K
Gross Revenues  $150000
Net Profit / Cash Flow  $90000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1985
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Description  Fishing lodge or resort with restaurant and docking facility on 4.35 acres with 889' on the Magnetawan River with direct access into Georgian Bay. Main lodge building with rental rooms upstairs and restaurant on main level, 6 cottages, large boat storage building. Located in Byng Inlet north of Parry Sound off Hwy 69 with year round road access. Property being sold as is under power of sale. Between late 1880s and mid 1920s the property was occupied by sawmill rebuilt twice after major fires. During that period of time. Ruins of former sawmill are still present at eastern corner of the property. It was used as general store during 1920s to 1930s. Beginning 1930s cottages were offered for rent. In 1985 the tourist lodge began to operate. MPAC assessment value $721,500. Asking price $449,000. Andrew Sobczak Broker of Record On Georgian Bay Real Estate Inc. Real Estate Brokerage RR2, PO Box 174, Victoria Harbour, ON L0K 2A0 Phone 705 543 1341
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