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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 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 180 thousand
EBITDA Margin 20 - 30 %
Industries Bed & Breakfasts
Locations  Pictou
Local Time 12:57 PM America / Chicago
Listed By Business Owner / Director
Status Moderately 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 150 thousand
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Business Name
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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.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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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