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Profitable Motel Available In Ontario For Sale

Ontario, Canada
Asking Price:
$4,200,000 (CAD)
Sales Revenue:
$850,000 (CAD)
Cash Flow:
Undisclosed

Upgraded Profitable Motel about west of GTA
Guest Rooms: 30
Room Revenue: Approx $850,000 Yearly
Net Income is over $550,000
Attached 1 Bedroom Apartment
2 Stories
Possibility of expansion of 18 - 20 rooms
Occupancy rate is above 90%
Fully upgraded, new furniture, new laundry equipment
Very good ADR and reputation in the town.
Turn Key Operation, Just move in and start making money
Just opened New Casino in town

Asking Price : 4.2 Million

Property Information

Real Estate:

Real Property Included

Location:

Prime Location