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Suite of tools & services
Benefits
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
N/A Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
Premises Size (square feet)
4,500Monthly Rent/Sq.Ft.
N/ASave this Listing
Experience true Island hospitality and elegance at The Boardwalk Inn, a charming historical landmark nestled in downtown Summerside, Prince Edward Island. Originally constructed in 1916 by Island business icon M.F. Schurman, this well-built 3.5 level residence boasts a rich legacy of sophistication. With a distinguished 4.5-star rating from Canada Select and a stellar reputation in Summerside's B&B scene, The Boardwalk Inn sits on Summer Street, just steps away from the waterfront and the renowned Baywalk Boardwalk and Cycling Trail, offering guests the perfect central base for exploring PEI. Pride of ownership shines through every aspect of The Boardwalk Inn, from its impeccable cleanliness to its tasteful decoration and furnishings. Renovated extensively in recent years, the inn offers five guest rooms, plus a owner's suite, each featuring new ensuite bathrooms on the 2nd & 3rd levels accessed via an elegant wooden staircase. Guests are treated to a chef's dream kitchen where breakfast is prepared, while the spacious dining room opens onto a terrace and beautifully landscaped private outdoor spaces, ideal for entertaining. An elegant lounge with an impressive fireplace and a welcoming porch complete the picture of relaxation and comfort. The lower level features a gym, pool table room, laundry facilities, cold storage, and ample storage, ensuring a seamless operation for running a successful B&B business. Ample parking for seven vehicles, including secure garage space for bikes & storage. The property includes a double-car wired garage with room for expansion, with blueprints available for adding 4 independent rental units, presenting an enticing opportunity for growth. With strong bookings already secured for 2024 & additional opportunities for winter room rentals. The Boardwalk Inn is a turn-key business waiting for its next owner to capitalize on its potential. Visit www.theboardwalkinnsummerside.com to learn more & read (id:39198)
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