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Profitable Motel In Listowel For Sale

Listowel, Ontario, Canada
Asking Price:
$4,485,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$250K - $500K (CAD)

Exceptional opportunity to own a profitable southern Ontario, 39 room motel close to the Kitchener/ Waterloo area. This turn-key operation is strategically located just outside the quaint town of Listowel, a rapidly growing hub for industry and technology. The motel has consistently achieved above average occupancy and exceptional revenues, and has maintained solid and stable performance throughout the pandemic. Top reviews on Google, Expedia, and Trip Advisor. A beautiful 3500 sq.ft 4-bedroom, 4-bathroom owners' residence on site makes this an ideal business for a family enterprise. The 6.2-acre well-manicured property also includes a huge 1700 sq.ft workshop, a tennis court and plenty of open space to grow the business and is ideal for weddings and family reunions. The onsite conference venue is well designed for corporate clientele. The property has received many upgrades over the last few years. The owner's residence has been completely remodeled with high quality finishes throughout. A full property offering available to qualified buyers.
*Please refer to the virtual tour to view of the interior of the Owner's Residence

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Completed remodeled 3500 square foot home. 4 Bedroom, 4 Bathroom. Finished basement with workout room and conference area. Top quality finishes throughout. Motel reception and office in home.

Location:

Prime Southern Ontario Market. Technology and Industry Hub. Repeat commercial Clientele. Stable Year round market.

Premises Details:

39 Rooms, 1700 sq.ft Workshop, Tennis Court, Over 6 acres, Extremely well maintained. No upgrades or PIP required.

Business Operation

Expansion Potential:

Room to expand additional year round units. Plenty of land for Wedding and Outdoor Venues. Conference room for corporate events. New owners could operate 24/7

Trading hours:

8am-10pm.

Employees:
6 Employees
Years established:
Established business

Other Information

Support & training:

Owner will commit to fully training the new owners.

Furniture / Fixtures value:
$250,000 (CAD) - included in the asking price
Related Documents:
Home based:
This business can be run from home.

Contact Information

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