Icon-facebook-2 Icon-instagram-1 Linkedin Icon-youtube

Seasonal Motel & RV Park

Back to Listings

Annual Revenue: $150,000

Minimum Equity Required: $300,000

SDE: $95,000

Location: Nova Scotia

Industry: Hotels Motels Cottages

ID: 1230

Status: Sold

Description

Excellent opportunity to acquire a stable, seasonal business. Work in the summer, head south for the winter!

Located in a small rural town in Nova Scotia, with shops and services within walking distance for you and your guests. Golf courses nearby, as are many other attractions and Nova Scotian landmarks. Town water and sewer means one less thing to worry about.

This business provides reliable income from seasonals, with upside potential from overnight camping and motel rooms. Season is May to October, and the other six months of the year are yours! Wi-Fi, In Ground Pool, Laundry Facilities, Rest Rooms/Showers, Recreation Hall, Seasonal Owner Accommodations. 50 of the 60 sites are occupied by seasonal rentals. Plenty of opportunity to increase occupancy rates in the remaining sites and motel rooms with a little advertising.

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

Financial Information
SDE: $95,000
Revenue: $150,000

Sign NDA below to receive additional financial information.

** 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.

** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. 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

*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.

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

Complete NDA For Full Overview
Share with the world

Leave a Reply

Your email address will not be published. Required fields are marked *

© 2024 Gateway Business Brokers Group. All Rights Reserved.

Icon-facebook-2 Icon-instagram-1 Linkedin Icon-youtube
Scroll to Top