Well-Established Seasonal Motel with Land in Nova Scotia

This listing presents a well-established and updated seasonal motel situated on 4.2 acres of land in Nova Scotia, Canada. Located strategically along a major transportation route in a picturesque coastal area, the business benefits from high tourist and business traveler traffic, offering excellent visibility and accessibility. The motel has a proven track record, supported by a loyal clientele and consistent revenue growth over the past three years, demonstrating resilience even through challenging economic periods. Recent significant updates have been made to the property, enhancing its appeal. The business operates seasonally from mid-to-late April through mid-to-late November, with potential for extended operating periods. It is described as an ideal size for a hands-on owner-operator, offering substantial opportunities for growth through expansion, increasing average room rates, or future development on the sizable land parcel. High demand from local businesses also contributes to a steady stream of annual income. The sale includes 100% of the company's share capital. The asking price is $538,261 USD, with 2023 Seller's Discretionary Earnings (SDE) reported at $156,000 and Gross Revenue at $262,000. The real estate is included in the sale.