Annual Revenue: $140,000
Minimum Equity Required: $300,000
Location: Nova Scotia
Industry: Hotels Motels Cottages
Listing ID: 1230
Listing Status: New
Excellent opportunity to acquire a stable, seasonal business. Work in the summer, head south for the winter!
Located in a small rural town in Nova Scotia, with shops and services within walking distance for you and your guests. Golf courses nearby, as are many other attractions and Nova Scotian landmarks. Town water and sewer means one less thing to worry about.
This business provides reliable income from seasonals, with upside potential from overnight camping and motel rooms. Season is May to October, and the other six months of the year are yours! Wi-Fi, In Ground Pool, Laundry Facilities, Rest Rooms/Showers, Recreation Hall, Seasonal Owner Accommodations. 50 of the 60 sites are occupied by seasonal rentals. Plenty of opportunity to increase occupancy rates in the remaining sites and motel rooms with a little advertising.
The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most all of your questions.
Sign NDA below to receive additional financial information.
* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.