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Lucrative Opportunity In The Hospitality Industry In Inverness For Sale

Inverness County, Nova Scotia, Canada
Asking Price:
$1,225,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (CAD)
Cash Flow:
$100K - $250K (CAD)

Silver Lining Inn: A Lucrative Opportunity in the Hospitality Industry!

As a business owner seeking profitable ventures, look no further than the Silver Lining Inn. Our recent complete renovation has transformed this homestead from the 1800’s into a beacon of modern comfort, while preserving its cherished heritage charm. With upgraded technology and contemporary amenities, including new air conditioning and heat control systems, comfortable beds, luxurious linens, stylish furniture, modern bathrooms, smart TVs, and convenient fridges, we offer an unparalleled guest experience that guarantees utmost satisfaction.

Strategically positioned on the majestic Cabot Trail, Cheticamp serves as the ideal hub for exploring Cape Breton's wonders, making the Silver Lining Inn a prime destination for travelers seeking convenience and adventure. Showcases an array of local attractions, including public beaches, hiking and biking trails, invigorating whale cruises, captivating museums and cultural centers, vibrant crafts markets, and captivating theater performances. The Silver Lining Inn holds tremendous potential for growth and profitability by leveraging the growing demand for high-quality accommodations in captivating destinations like Cape Breton.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

5 Rooms in the main building, 7 unit motel adjacent the main building. Separate facilities for laundry services and storage

Location:

In a small fishing village in Cape Breton Island

Premises Details:

The Inn, dating back to the late 1800’s, features a coffered ceiling in the reception area, transoms over the upstairs doors and authentic door and window trims not to mention the original door bell on the front entrance.

The house’s foundation was built with rocks that were carried over the harbour on the ice from Cheticamp Island, the same rocks used to build the village’s church, Église Saint Pierre.

Owners are looking for $750,000.00 for the real estate itself (not included with the listing price of the business).

Size in square feet:
3,500

Business Operation

Expansion Potential:

Possible to expand the restaurant operations.

Competition / Market:

Only 4 other hotels located within that area.

Reasons for selling:

Retirement

Trading hours:

7 Days a week April to October

Employees:
7

Other Information

Support & training:

Owner is will to stay behind to train up to 4 weeks with a new owner

Furniture / Fixtures value:
$94,000 (CAD) - included in the asking price
Inventory / Stock value:
$1,000 (CAD) - included in the asking price