Bed & Breakfast for Sale in Pictou, Canada
For Sale - Bed & Breakfast in a beautiful historical home (circa 1855)
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 110 thousand |
| Run Rate Sales | USD 88 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Bed & Breakfasts |
| Locations | Pictou |
| Local Time | 4:29 PM America / Chicago |
| Listed By | Advisor / Business Broker |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
580 thousand
(Native Currency: CAD 795,000)
Reason: Husband retiring, wife’s career relocation.
Name, Phone, Email
Available after connect
Business Name
Available after connect
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Business Overview
Highest guest rankings, highest room rates, near full occupancy for the summer months, accommodates up to 14 overnight guests, full website and active social media, busy waterfront tourist town with live music events, museums, restaurants, shopping, etc. , close to beaches and PEI Ferry.
Products & Services Overview
Harbour view accommodations with 5 guest rooms, plus an owners suite, foodservice license, liquor license, 20 seat dining room, 2 guest sitting areas, fully wheelchair accessible, large licensed deck with 20 seats, ample parking, large backyard for outdoor functions, etc.
Assets Overview
Turnkey, fully furnished, website, social media platforms.
Facilities Overview
Fully furnished and renovated 3 storey home on nearly 2 acres. Grand entrance and stairway between the parlour and dining room. A commercial kitchen with prep kitchen. A king ensuite bedroom and a wheelchair accessible queen bedroom with ensuite on the first level. Second floor has a queen ensuite bedroom, another ensuite bedroom with 2 queen beds and a room with 2 queen beds with a dedicated washroom across the hall. The 3rd floor is the owners suite with private bathroom, bedroom, kitchenette and living room. Room rates are $235/nt + tax.
Capitalization Overview
Self funded through revenues. There is a $300,000 mortgage.
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