Ejerens beskrivelse
Price reduced from 629,000. Seller says, Bring all offers, must retire.
Perhaps the best opportunity in Nova Scotia for a true entrepreneur to acquire a long time successful accomodations business at a fraction of its current Asset value and grow it to the level of profitability similar properties in the market are known to achieve. This updated property provides for 19 extremely clean rental units plus a 55 seat renovated licensed dining facility steps from the world renowned St. Marys River. Of the 19 rentals, there are 13 clean and well kept motel rooms, 2 efficiency units, 3 cabins, and a 3 bedroom rental home all sitting on a 5.5 acre parcel and located within walking distance of all amenities. The property has excellent appeal for the leisure, sporting, motorcyclist, and educational travelers as well as families wanting to “get away from it all”. There are many area attractions for a wide variety of interests, with untapped potential in numerous segments.
At a quiet location in the community, the property is positioned as a safe, clean, friendly, hospitality service provider with Banking, Liquor, Police, Hospital, Schooling, Grocery, Hardware, etc., are all within minutes of the property. The property is well-equipped for parking cars, trucks busses. The original building was well constructed by a Navy Commander in the 60’s and an expansion was completed approximately 15 years ago. The property is considered to be in excellent condition for its intended use, is considered to be extremely well built, and is fully equipped with Wireless High Speed Internet, T.V.s, and provides all the amenities and services of a desirable location you would recommend to your friends and family.
Has been managed by one of the two owners, in large part, and therefore management will need to be addressed upon sale.
The Sheerbrooke Village Inn is believed to be the best choice for “valued” accommodations and above average food offerings anywhere in Guysborough County. Given the owners’ age, their current family and living situation, as well as other local business interests, the owners have chosen to operate the business for the past several years only 7 – 8 months per year (April – November). There is a tremendous opportunity for growth in revenues and profitability through marketing efforts as well as an expense reduction framework that could be implemented from day 1. Your research to understand the competitive offerings within a 50 mile radius market place should prove the upside possibilities we believe to exist, which are only limited by business experience.
Revenue growth from 2006 through to 2010. 3 year average gross revenues of 255,000. (currently a 7 month operating season, can be extended)
Approximately 45% of gross revenues generated from Restaurant operations.
More than 80,000 spent on improvements in past 5 years. (roofing, flooring, furniture, windows, doors, insulation, paint, etc.)