* Included in Asking Price
This is perhaps the best opportunity in Nova Scotia for a true entrepreneur to acquire a long time successful accommodations business. Located in beautiful Sherbrooke, NS, the Sherbrooke Village Inn have been welcoming visitors to the growing North Eastern Shore for more than 30 years.
Overview of Operations:
Close to $100,000 invested over past 5 year in capital improvements.
Total of 19 units, includes 3 chalets style cabins, 2 kitchenettes, a 3 bedroom rental home, and 13 additional units located on approximately 5.5 acres of land.
Additional land is available.
Updated 55 seat licensed restaurant, lobster tank, fireplace, new kitchen equipment items.
Untapped potential in numerous market segments. I would be happy to discuss growth ideas.
Single owner managed. By choice, business operates only 7 months.
The owners have always believed that the Sherbrooke Village Inn is the best choice for accommodations and meals anywhere in Gusborough County. Their 30+ years of ownership is a true testament. Given their service offerings and being within walking distance of all major amenities, this property is well positioned.
Opportunities for immediate profit growth include:
Expense Reduction. Management with one owner, not living on site, requires additional staffing. Utilities management. Ideal for an onsite owner, couple, or young family.
Focused Marketing Program. Given the many years as owners, the sellers are no longer committing the ambition and energy to marketing as they once did. Several areas of opportunity exist. Connect with me to discuss.
Expansion Plan. Limited capital investment required can allow a new owner to leverage the available real estate as well as kitchen/dining capacity.
average gross of $255,000.
45% of revenues generated from Restaurant operations
Seller financing and transition support available to the right buyer.
Offering price includes inventory. A minimum equity investment of $150,000 should be anticipated.Financial Information :
Sales revenue: 3 year average - $255,000
Cash flow: Contact Seller
- Seller will provide 100% financing with a 35% down payment, O.A.C.
Real Estate / Lease :Real property included
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