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Resort for Sale in Shepody, Canada

Four-seasons resort near Sussex with event spaces, dining, accommodations, and diverse outdoor recreational activities.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity C Corporation
Reported Sales USD 640 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 8 %
Industries Resorts
Locations  Shepody
Local Time 8:23 PM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.93 million (Native Currency: CAD 2,700,000)
Reason: The owners want to retire from the business due to age and health reasons. After a non-operational ... View More
Includes physical assets worth USD 1.8 million
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Business Name
Not disclosed
User Verification
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Business Overview
- Four-seasons resort in a prime location just 17 km (10 minutes) from Sussex, making it easily accessible for visitors.
- Offers high-quality event spaces and a variety of recreational activities, including sporting and fishing, alongside New Brunswick’s diverse outdoor offerings from whale-watching to mountain biking and lots in between.
- Prior to COVID-19, the resort achieved gross revenues of CAD 900,000, indicating strong past performance and market acceptance.
- After a non-operational phase for 4 years during the COVID-19 pandemic, now showing a resurgence with current revenues at CAD 600,000 and projected revenues of CAD 700,000+ for the upcoming year.
- The establishment boasts a licensed restaurant capable of accommodating 120 diners, enhancing its offering as a dining and gathering destination. Local residents and visitors frequent the dining room.
- Features a versatile banquet hall with meeting spaces that accommodate groups from 10 to 250, catering to a broad range of corporate and social events.
- Provides a range of accommodation options with 10 motel rooms and 6 cottages, holding a 3.5-star rating from Canada Select, ensuring comfortable and quality stays for guests.
Products & Services Overview
Serves tourists, visitors and customers from the surrounding area as well as adventure enthusiasts (mountain bikers, fishers, hunters, ATVers and snowmobilers).
Offers vacation packages and day trips to wilderness beaches, wildlife viewing and bird watching areas, waterfalls and more in addition to lodging and food.
Assets Overview
Physical assets include the land, property, furniture and fixtures.
Facilities Overview
Own land and property of 85-acre (34-hectare) located in Creek Rd, Shepody.
Capitalization Overview
Self-funded.
No mortgage. 100% owned and run by a couple.
Recent Activity
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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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