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22 unit year round operation on 4 plus acres. On major artery to Summerside and on TransCanada Highway. Complete renovation in 2012/13.
Restaurant in the Lobby is currently used for continental breakfast in the summer months. Very profitable summer business and a steady year round Extended Stay business for the rest of the year.
Custom made room furniture, new beds.
Excellent reviews on social media.
Owner will consider staying on to assist new operator.
Owner financing is also a possibility.
A remodeled three bedroom and three bathroom home is also available on a separate Title.
Excellent family operation and may be a suitable vehicle for those considering immigration to Canada.
Real Property Included
A three bed/three bath house is located right next door. It is not included in the motel package but price would be negotiable.
A suburb of Summerside we are 15 minutes from the principal access to the Island(the Confederation Bridge). We are in the heart of the Island in many ways; but we are in fact in the middle making easy access to the north and south.
22 unit single storey property with two additional lower suites. There is a 4000 sq foot basement under the motel where the house laundry, guest laundry, mechanical and shop are located.
Restaurant could be operated year round by an operator with food experience. Presently the restaurant is only operated in the summer months.
No other properties nearby until you enter Summerside. Many deterrents to additional building and unlikey to attract chain properties.
Owner is retiring after a successful motel and hotel career.
8-6 PM all year; but to 11 PM during busy season.
Present owner would assist new owner during transition for as long as it takes.
Approximately 1/3 down would be required to enable owner financing.
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