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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)
5,852Monthly Rent/Sq.Ft.
N/ASave this Listing
Prime location on Hwy 17 in Vermilion Bay, Ontario – home of Eagle Lake – famously known for fishing worldwide! Offering you a 17 unit motel & 2 bedroom living quarters/office , on 3.9+/- acres of land, offering plenty of room for future development ie: laundromat, restaurant, etc., in a tourist based community. This motel could be operated by a hard working owner/ family while basically living for free in the living quarters! Presently one of the 2 motels in Vermilion Bay servicing highway traffic between Dryden and Kenora. Boasting a group of repeat seasonal guests, repeat workers servicing the infrastructure in the area, many fishermen/hunters accessing fly-in fishing/hunting trips on their arrival and departure days, Hwy 17 traffic, all as regular clientele. An established & popular motel in a town frequented by those who enjoy the adventures of our area offering an abundance of lakes to fish, and outdoor adventures in all seasons. Vermilion Bay has a grocery/general store, liquor store, Doctors clinic, public school, gas station, automotive parts store & more! (id:39198)
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