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Asking Price$699,000
Revenue$153,500 Established1999
Cash Flow$52,600 Employees0 full, 0 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed* Home-basedYes
* Included in Asking Price
Listing Details (This is all in Canadian Dollars)

Asking Price: $699,000
Annual Gross Sales: $153,500 (3 year average)
SDE: $52,600 (3 year average)                

Executive Summary

Well-established destination lake resort located in Central SK. Well diversified with a stellar reputation appealing to guests’ preference for modern rental accommodation. The seven suite Chateau provides access to the confectionary, fuel station, laundromat, shop, storage compound, shoreline, hiking, ATV and snowmobile trails, and access to over 60 lakes. Included in the sale is the recently renovated 2800 square foot owner’s residence. This resort is priced well below the $1.156M market value calculated by square footage rates of comparable properties. This is an incredible value and an extraordinary opportunity.

Business Highlights

-Seven modern rental suites in the Chateau, five fully serviced RV sites, modern laundromat and shower rooms, new confectionary, storage compound, gasoline station, and septic tank services.
-Strong base of return customers during summer and winter seasons. Typically operates at, or near, full occupancy year-round.
-Year-round destination resort, popular with snowmobilers, ATV enthusiasts and vacationers interested in outdoor and lake recreation activities in summer or winter.
Training/Support:Current owners will transition new owners into the business.
Sale Reason:Relocating to be nearer to family.
Ad #104379
Seller Reference #151
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Contact This Seller
Travis Kellett
Bridgepoint Business Brokers
(306) 220-0800
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