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Century Old Heritage Hotel For Sale

Prince Edward County, Ontario, Canada
Asking Price:
$4,700,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,402,006 (CAD)
Cash Flow:
$270,524 (CAD)

Discover an exceptional business opportunity with this fully restored Heritage Hotel located in a picturesque county on a historic parcel of land. A hotel destination blending Victorian grandeur with modern comfort consisting of 14 sumptuous rooms and suites each individually designed and appointed to ensure an unforgettable experience. In operation since 2018 is a place that fully embodies the richness of eras past and truly encapsulates the essence of a retreat holiday that unravels in a luxurious and bespoke setting. As seen in several publications and digests; this historic 14 room and suite hotel and restaurant has been awarded top 10 small hotels in Canada and Top 1% of hotels Worldwide. Do not miss the chance to own a piece of Canadian history and write the next chapter of this property's storied journey. Act now and step into this thriving opportunity with limitless potential for success and growth.

Property Information

Real Estate:

Real Property Included

Premises Details:

Five star amenities are all housed in this 3 story landmark that sits on just over an acre of historical parcel of land. Just steps away from vibrant boutiques, restaurants and galleries and with a wine spectator awarded cellar and farm to table 50 seat dining room; your breath shall be taken away. Enter Canada's most unique boutique hotel where every room is individually designed to infuse emotion. The desire to mix old and new is displayed by bringing each suite to life in an intimate, seductive environment. With a perfect mix of authentic design and gracious, sophisticated personalized service; stand back and enjoy the luxurious amenities as you indulge your senses in fine art, French cuisine and a meticulously curated wine collection. This fine establishment is furnished with a balance of fine antiques and artifacts, contemporary art and modern appointments all created to provide the guest a feeling of being somewhere so special, it may only be know to them. Like every room, every piece has a story and the hospitality team is delighted to share it. The hotel features a large cellar, conservatory bar, sauna, virtual reality lounge, drawing room, study, cocktail parlour, sculpture and photography gallery, balconies, outdoor and indoor fireplaces, beautiful gardens and a museum.

Business Operation

Expansion Potential:

In the midst of a rapidly growing industry, this fully restored 3 story Victorian stands out as a unique gem with small-scale competition. While the destination resort sector continues to expand, the restaurant has carved a niche for itself by prioritizing quality over quantity. It's a place where "Farm to Table" takes centre stage, renowned chefs artfully craft menus showcasing locally sourced ingredients. The hotel maintains a personalized touch in its service, cultivating a sense of community among its patrons. Each meal ensures a gastronomic adventure and as the restaurant industry flourishes, the hotel's commitment to excellence and its intimate, customer-centric approach positions it as a standout establishment, making it a delightful destination for those seeking a taste of handcrafted perfection in an increasingly bustling landscape. There are still many attributes to be uncovered and the potential to move the needle in the right direction requires the right operator.

Competition / Market:

This 1878 built majestic landmark is a fine example of Victorian Gothic Architecture that sets itself apart from other local hotels and because of this unique character; it is the top choice of travellers year after year. Beginning with end in mind during the major renovation a socially conscious approach was taken. The establishment is proud to be committed to operating with environmental sustainability at the forefront of its development. From Mother's day brunches to summer jazz festivals, back drop weddings to family Thanksgivings year after year growth is at a vertical trend. The majority of economic activity is sustained by tourism and agriculture and with the return of favourable conditions this growth will remain steady overall. There are several proposed residential developments in the county and homes prices are expected to be higher than the overall rate of inflation. Since there is no other Heritage Boutique Hotel in the surrounding area; the right operator has enormous upswing for years to come.

Reasons for selling:

Owner is relocating but will assist in a transition to accommodate a new owner.

Trading hours:

Hotel Mon-Sun; Rest. 8am-11am; 5pm-10pm

Employees:
4 FT/14 PT
Years established:
6

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$110,311 (CAD) - included in the asking price
Inventory / Stock value:
$97,456 (CAD) - included in the asking price