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Beautiful Inn with Restaurant

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Complete NDA for Full Overview

Price: Under Valuation

Minimum Equity Required: $300,000

Location: Nova Scotia

Industry: Hotels, Motels, Camps and other Lodging

ID: 1435

Status: Coming Soon

Description

Here is your new lifestyle, supported by a quaint community, tax efficient living, natural beauty with hills, rivers, and beaches.

The Mabou River Inn, steeped in history, wonderfully maintained, warm reputation, and room for the aspiring entrepreneur to bring their flare and some of the latest marketing channels to see this longstanding operation through many more successful years.

Cut your living cost to almost $0, one of many benefits you'll enjoy.

Are you a chef? Make your mark in Western Cape Breton and join the ranks of other quaint operations who have established a track record of being sold out for many months in advance. Your commercial kitchen awaits.

11 fully appointed rooms cater to a broad range of guests. 5 rooms with King size beds (2 of which have sofa-beds) ; 3 rooms with Queen beds; and 3 two-bedroom housekeeping suites (apartments).

A fully licensed (liquor license) facility with a 2,000 sft deck, with a 160 total capacity.....means big potential for group events. Live music anyone?!

The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

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

Financial Information

Shall be added soon.

* 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. 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

Once you have a chance to see this property with your own eyes, you'll be so pleased to feel the care and attention owners have continually committed to their guests and livelihood.

Originally built by the government in two sections in 1964 and 1965, one section is 100' long while the other is 65', both 24' wide, making for a total of 4,125 square feet. (approx.,)

- Serviced with Municipal water and sewer.
- New Electrical, upgraded from 400 - 600 amps
- 18 new heat pumps
- New 30kw diesel generator, commissioned in January 2024
- ReRoofed, ReShingled, and ReSided in 2010/11
- 60 new Polytech windows - 2010

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

Complete NDA For Full Overview

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

Complete NDA for Full Overview
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