885 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$787,412
RevenueUndisclosed EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedYes
* Included in Asking Price
Here is a business that has received great love and care and is just at the beginning of reaching it's full potential. It is located in one of the most desired tourist destinations in all of Nova Scotia, and located at the heart of where so many want to stay and enjoy. All units have been completely overhauled in the past few years and are built to R-2000 specifications. 2016 saw all units receive heat pumps. 2015 saw a new office and owners' suite constructed.

This business operates from Early June - Mid October.

Total of 5 part time staff required to run, in addition to owner (husband and wife). 3 housekeeping, 1 office staff, and 1 maintenance at 20-30 hours per week.

With the quality of improvements made in the past several years, a new owner will not have to worry for 20+ years on the major items.

There are a total of 13 units.

Excellent occupancy year over year, room to increase the rates, as they have not been increased for 4 years. Plan just put in place to update pricing for 2018 season.

Expectation is an owner/operator will be able to generate in excess of $150k per year. 2016 generated $117k normalized cash flow from sales of $241k. 2017 is on pace for $300k+ in revenues.

There is room room to trim back expenses.

Just over 3 acres of land, there is room to grow.

- there are a total of 13 rental units, all with efficient heat pumps put in new in 2016
- 2015 construction of new office and 1 bedroom home (owners' quarters)
- serviced with well (city water is on site and can be used if desired) and septic (all tanks pumped twice yearly)
- cabins can easily be winterized, most work already done
- lifetime steel roofs in place
- camera and security system throughout
- GPS enabled lighting system


All information is in Canadian currency.
Ad #97995
Seller Reference #1104
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
This seller cannot be contacted because this ad is not active.