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Guest House Seeking Loan in Brampton, Canada

Guest house business with an occupancy rate of 75% throughout the year, seeks funding.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 thousand
Run Rate Sales USD 72 thousand
EBITDA Margin 30 - 40 %
Industries Guest Houses
Locations  Brampton
Local Time 4:37 PM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 300 thousand for 6.0% annual interest, 5 years (Native Currency: USD 300,000)
Reason: Seeking funds for working capital. The value of the assets owned exceeds the loan amount, but these... View More
Collateral Available: USD 0
Includes physical assets worth USD 400 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Guest house business established 9 years ago, located in Brampton.
- It consists of eight units.
- Occupancy rate is more than 75% throughout the year.
- We offer bed, continental breakfast, transportation to and from the airport and around the city. It is a gated property with an infinity pool.
- Our guest house is surrounded by an array of restaurants and bars.
- We receive online bookings from third party websites OTAs such as Booking. com, Expedia & TripAdvisor.
- Holds a valid certificate of Incorporation.
Products & Services Overview
Guest house/bed and breakfast with continental breakfast, free parking space, free Wi-Fi and cable TV in every room.
Assets Overview
Tangible assets:
- Land and building worth about USD 400,000.
Facilities Overview
Operates from a self owned 3,500 sqm facility in Brampton, Ontario, Canada.
Capitalization Overview
- Sole owner.
- No loans or debts.
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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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