54-Unit Non-Franchised Seasonal Motel

Price: $3,299,000

Annual Revenue: $835,000

Minimum Equity Required: $1,200,000

SDE: $385,000

Location: Nova Scotia

Industry: Hotels, Motels, Camps and other Lodging

ID: 1441

Status: New

Description

A consistent performer and ready for the next boom, this 54-unit limited service seasonal property operates from May - October and is well positioned geographically and physically to continue benefiting from the strong demand that is experienced year over year. Ideally located in a popular area, it is a strategic stopping place for many tourists and tour operators.

By completing the NDA and becoming adequately qualified, you will be be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.

Financial Information

Annual Revenues and Seller's Discretionary Earnings, with year end April 30:

2025 in-house financials
Revenue: $835,000
SDE: $385,000

2024
Revenue: $715,000
SDE: $365,000

2023
Revenue: $940,000
SDE: $445,000

* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.

** Please refer to our Minimum Equity requirements. Our expectations are for a buyer to be "capable" of making a minimum 35% down payment on the final negotiated purchase price, to be considered truly qualified. Typical loan amortizations for businesses like are 20 years. Feel free to run some of your own calculations here:

https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Operations

Situated on 2.93 acres
Well, town water and sewer.

Property has undergone many updates, including window replacements, roofing, upgraded mechanical, room updates, etc. The overall fit, finish, and condition happily satisfies its customers. There are owner's quarters on site.

For more information on this listing, please complete our Non-Disclosure Agreement

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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