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16 Room Motel In Northern Ontario For Sale

Armstrong Station, Ontario
Asking Price:
$750,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
Available on request

McKenzie Lake Inn is located 250 kms north of Thunder Bay, Ontario, This 16 room, 7,500 sq.ft. motel with 4 bedroom attached home and 24 by 30 ft. detached garage, is well maintained and in excellent condition. This business is located 4 kms south of Armstrong, Ontario at McKenzie Lake, all in the heart of a sports mans paradise, including fresh clean air and an abundance of wildlife and pure spring water. McKenzie Lake Inn is operated year round and is perfect for couples, business partners or families. It has a 27 year reputation of excellent accommodations that are consistently quiet, comfortable and extra clean rooms resulting in many dedicated return guests from all sectors ex. mining, logging, tourists, railroad, contractors and many more. Yearly upgrades have been a priority in maintaining the building including full inventory, John Deere backhoe 310D and a new zero turn lawn mower. Property is deeded 4.2 acres with plenty of space for expansion possibly an area for a RV park. Also a land use permit including access to McKenzie Lake with a dock, an additional .8 acres. Our motel is surrounded by numerous excellent lakes leading to Wabakimi Park, Ontario's largest natural park.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Owners accommodation includes 4 bedrooms, 1 bath, large kitchen/living area, sunroom leading to large deck with owner's private hot tub all in excellent condition.

Location:

250 kms north of Thunder Bay, intersecting CN/Via Rail
Off highway 527, 4 kms south of Armstrong Station
At McKenzie Lake

Premises Details:

16 room motel, all rooms with numerous amenities, including A/C, LCD TV's, Shaw Direct TV channels, wireless high speed internet, refrigerators, microwaves, coffee makers, new beds plus detached garage complete with summer and winter inventory.

Size in square feet:
7,500 sq. ft.

Business Operation

Expansion Potential:

4.2 acres of landscaped property. Room for motel expansion, cabins and/or RV park.

Competition / Market:

One hotel 4 kms to the town of Armstrong

Reasons for selling:

Retirement

Trading hours:

7 days a week, 7:00 am - 9:00 pm, with key drop for late arrivals.

Employees:
2
Years established:
28

Other Information

Support & training:

Will provide support and training.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Related Documents:
Home based:
This business can be run from home.

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