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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 4:51 PM America / Chicago
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
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
User Verification
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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5 Buyers viewed this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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