All Season Resort and Spa, Recreation (Ski and Bike) For Sale
Location Ontario,Canada
Asking Price Range $5.0M - $10.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1964
Number of Employees 50 - 99
Relocatable Not Disclosed
Number of Employees 50 - 99
Real Estate Owned
Reason for Sale Retirement
Description A unique opportunity to combine 2 well-known brands in the heart of cottage country is now available for a future looking company who can leverage these properties into a significant all season destination. These businesses have been operationally profitable and provide year round functionality. Additionally, these properties have significant lands available for property development and expansion.
The Inns and Ski Resort's long-term success is in no small way attributable to its year round appeal. Each season provides a revenue opportunity with strong revenues coming from the summer and winter months. The Ski Area and snowmobile trails provide for consistent cash flows and the consistency of year round staff and management.
This resort destination is located 2.5 hours northeast of Toronto, Ontario. The Inn and Spa is located along 850 ft. of waterfront on beautiful Eagle Lake. The Inn has 27 units in both the main lodge rooms as well as chalet units. The WaterSpa is connected to the main inn and features a large full-sized salinated hydrotherapy pool, treatment rooms and exercise studio and an outdoor, lakeside pool. Three outer chalet buildings host an additional 16 lakeside units and the Eastwood chalet stands independently on the ridge overlooking the lake. Along the waterfront there is an outdoor pool, beach area for swimming and a variety of boating options.
Asking Price: $8,000,000. For more information please contact or email Gary Collins at (905) 754-2100.
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