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Bed & Breakfast for Sale in Pictou, Canada

For Sale: Successful bed & breakfast business with an 80% occupancy rate during peak season.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 80 - 90 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 20 - 30 %
Industries Bed & Breakfasts
Locations  Pictou
Local Time 6:15 AM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 500 thousand (Native Currency: CAD 700,000)
Reason: The owner is retiring.
Includes physical assets worth USD 143 thousand
Interested in connecting with advisors
Documents
Business Overview
- The business is seasonal (June to September). During the season, the occupancy rate is 80%.
- Totally have 5 guest rooms (accessible) plus owner suite.
- Highest ranking and reviews Booking. com.
- Excellent water view location.
- Aside from complimentary breakfasts, we offer many amenities to ensure a leisurely and memorable stay.
- Ideally situated within walking distance from a quaint and colorful waterfront downtown with exemplary local shops,
Products & Services Overview
Guest rooms.
Full commercial kitchen.
Licensed premises.
Assets Overview
Tangible- Physical property, furnishings, materials.
Intangible- Website, trademarks, licenses.
Facilities Overview
The own hotel is located in the center of the city on a 4,500 sqft area.
Capitalization Overview
- 100% owned by the husband & wife.
- Property mortgaged, no other loans. The mortgage will be cleared before the transaction.
- Funded by operational revenues.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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