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Excellent Profitable Barry's Bay Motel Near Algonquin Park For Sale

Barry's Bay, Ontario
Asking Price:
$725,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (CAD)
Cash Flow:
$100K - $250K (CAD)

Highly successful turnkey business easily operated by a couple. Wake up every day to a beautiful rural setting and start making money. The Mountain View Motel has 12 units plus a fully serviced trailer hook-up and an annual average room rate of $115.00. We have enjoyed owning this property for the last 14 years and are now planning retirement. There have been many upgrades including new septic system, windows front and back, high efficiency air conditioners, on demand water heater and regular decor attention. High speed fibre optic internet and satellite TV installed. The owners accommodation located in the centre of the building consists of three bedrooms, two bathrooms, two living areas and a kitchen. Adjacent to the kitchen is the office/breakfast room which provides additional revenue with room for expansion. Situated on 1.5 acres with excellent curb appeal on the well travelled tourist route of Hwy 60. Snowmobile/Atv trail B102 has direct access from the rooms.
This is a private sale, full financial details will be available to genuine buyers upon viewing. A vendor take back mortgage may be available as a first and only loan with 40% downpayment.
Price includes all chattels pertinent to the immediate and continued running of the business.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Three bedroom, two bathroom, two living areas, kitchen, laundry and back yard.

Location:

Highway 60 five kms east of Barry's Bay. Thirty five minutes to east gate of the Algonquin Park. Two hours from Ottawa.

Business Operation

Expansion Potential:

Trailer hook-up could be used for further units/cottages

Reasons for selling:

Retirement

Years established:
Forty

Other Information

Support & training:

Full training of all operational needs will be given if required.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Vendor take back mortgage may be available as first and only loan with 40% down payment.

Furniture / Fixtures value:
$75,000 (CAD) - included in the asking price
Inventory / Stock value:
$10,000 (CAD) - included in the asking price
Website:
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Home based:
This business can be run from home.

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