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Disclaimer: This site is hosted by Marathon Management Services, LLC (MMS). Each Sunbelt office is independently owned and operated. The information in this listing has been provided to the listing Sunbelt office by the business seller and should be verified by a qualified third-party. MMS, including its affiliates, has no stake in the sale of the business, has not verified any of the information and, therefore, assumes no responsibility for its accuracy or completeness. Read MMS's Terms of Use before responding to this advertised listing.
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Listing ID:
NORTHON001-N19
NORTHON001-N19
Sunbelt of Northern Ontario
View all listings from this officePhone: 1-888-670-6466
Fax: 1-888-333-0682
Description
36 Unit motel in Northern Ontario. Excellent money making opportunity for the motivated buyer. Two level motel unit on over 3 acres of land. Excellent exposure on busy Hwy in the North. Mining projects expected and new commercial construction in the area. This motel is on a corner lot. Owner financing is possible.
For more information on this motel please call or email:
office 705-670-8111
toll free 1-888-670-6466
Financials
| Asking Price: | $1,600,000 |
|---|---|
| Revenue: | $550,000 |
| Cash Flow: | ON REQUEST |
| Downpayment: | $0 |
| Monthly Payroll: | $0 |
| FF&E Asking Price: | N/A (Included in Asking Price) |
| Inventory Asking Price: | N/A |
| Financing Available? | No |
Property
| Asking Price: | $0 (Included in Asking Price) |
|---|---|
| Building Size: | N/A |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | No |
| Year Established: | 1969 |
| Year Acquired: | 7 |
| Full-Time Employees: | N/A |
| Part-Time Employees: | N/A |
| Reason For Sale: | Owners wanting to downsize their corporation |