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Ideally located in a growing Nova Scotia town, this bustling Motel, Cottage, and Suites business with nearly 40 units has wonderfully withstood the ups and downs of Covid and is perfectly set to take advantage of the new economy and the re-opening of Yarmouth / Bar Harbour ferry service. With many updates done around the property over the last 2 years, this year round operation would greatly benefit a hands on couple. The current owners do not work on property and there could easily be room for efficiencies in operations and cost controls.
A few highlights include:
- 4+ star reviews with over 12,000 reviews!
- Excellent CRM and Booking System
- 6 staff are currently (Winter) operating the business (3 cleaners, 2 administration, 1 maintenance). Ramping up to 8 or 10 in summers
- Some units completely overhauled, new roofs, many new bathrooms
- Decades of history, many long term corporate customers
- On site Pool
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.