Asking price: $675,000
Reason for sale: Retirement
Company information
- Land Area: 5,802.41 ft2
- Building Area: 2,696 ft2
- Year of acquisition: 1997
- Established Year: 1997
- Part-time Employees: 2
- Seasonal employee : 1
Financial information
- Annual Sales: $240,715
- Monthly Payroll: $778.7
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $103,343
- Assets Included in the Sale: land, building, inventory, supplies, furniture, equipment, and goodwill
Family-run New Brunswick business serving the hospitality industry since 1997. This motel has been successfully operating for 27 years, establishing itself as a preferred destination for travelers seeking short- or long-term stays. The business operates year-round.
Ideally located in Victoria County, near the Tobique River and multiple tourist attractions, the motel offers a wide range of accommodations, from double and single rooms to comfortable cabins. All accommodations feature an optimized layout. Some include a kitchenette, dining area, small living room, laundry room, and private terrace.
Concerned with the well-being of its guests, the establishment offers a full catering service, with three meals a day. In addition, a souvenir shop with a coffee and pastry corner invites guests to relax and discover local products. Sports enthusiasts can enjoy the tennis court with two courts.
Benefiting from a large tourist influx throughout the year, the motel attracts a diverse clientele, composed of individuals (couples, families, hunters, and fishermen) and professionals. Over the years, the establishment has built up a loyal customer base that appreciates its family and relaxed atmosphere.
In addition to the main accommodation activity, the company generates additional income.
Perfectly maintained, the motel has a large, paved entrance with plenty of parking spaces, offering a most inviting appearance for passing customers.
The establishment’s excellent reputation has been built over the years, thanks to the quality of service, the professionalism of the team, and the impeccable cleanliness of the premises. This recognition is a reward for a constant commitment to customer satisfaction, reflected in unwavering customer support.
This family motel represents a profitable investment opportunity in a dynamic and growing sector. Its prime location, quality infrastructure, loyal customer base, and dedicated staff are assets for sustainable operation and guaranteed success.
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