Buy a Waterfront Country Inn For Sale business for sale in Victoria on BusinessesForSale.com

  • Advert ID: 548980
  • (Seller ref: VICTOBC001171)

Waterfront Country Inn For Sale


Location:
Category:
Asking price:
$1,400,000
Sales revenue:
$450,000
Net profit:
$125,000
Employees:
FT: 5, PT: 7


Strategically situated Waterfront Country Inn located in the Land o' Lakes Region of Eastern Ontario. Decades of successful operation. Growing and profitable business. Extensive improvements and upgrades make this a "turn key" opportunity. Excellent location with limited competition. Excellent staff. Substantial lucrative development potential. The business currently operates a full service family restaurant, pub and small motel. The main structure is a beautiful century old heritage house with 2 recent additions. Features include: seasonal and transient boat docking; 2 restaurant areas; 60 seat pub (easily expanded); 10 unit motel on lakefront; 3 Bed & Breakfast units; and an attractive Owner's suite. Diverse clientele includes tourists, cottagers, visitors, work crews, and long time local residents.

The tourist and cottage community where this business is situated is a pleasant drive from the nation's capital. The area has a long history of popularity with tourists and seasonal visitors from the US, Europe and other parts of Canada. The community is facing increasing demand as a small regional shopping area and boasts attractions including golf, hiking, watersports, fishing and sightseeing. In winter the area is very popular with ice fishermen and snowmobilers. The robust local economy also draws construction and maintenance crews to the area.

There is substantial potential to further develop or redevelop the property by expanding the number of motel units or by constructing time-share condominiums. Either of these development scenarios would be complementary with the existing operation and well suited to the area. Other development options may be available to interested and qualified buyers.

For more information and to receive a copy of The Confidential Business Profile including financial summary please contact Bill Hall at xxx xxx-xxxx or e mail to xxxxxxxx@xxxxxxxxxxxxxx.xxx

Sunbelt Agent:


Reasons for selling:
Retiring

For more information about this business for sale, click the Contact Seller button.

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