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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)
0Monthly Rent/Sq.Ft.
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Very well maintained, Renovated and Upgraded, 17 ROOM MOTEL with 3 Bedroom, 2 Washroom Owner's Living Quarter For Sale, Located right on Trans Canada Hwy 17 in the city of Sault Ste Marie. Minutes away from all amenities such as Shopping Malls, Indian and Canadian Groceries and Restaurants, Schools, Sault College, Algoma University Campus, Hospitals, Airport, Agawa Canyon Tour Train Location (Famous for Fall Colour Train Tour) also minutes away from the Motel. Sault Ste Marie is one of the biggest city in the Northern Ontario with population over 70,000, connecting to the entire northern Ontario and its located right in the middle of Toronto and Thunder Bay (1.5 Hrs flight time from either city OR 8 hours drive time with a beautiful scenic views). + minutes away from the USA Michigan border. Current owner has spent thousand of dollars in renovation and upgrades, such as, newer furniture, mattresses, appliances, flooring, paint, bathrooms, doors, portion of roof, commercial dryer & washer, hot water tank, water filtration system etc. AND recently built a brand new 18 x 20 Garage (spent over $40K for garage only) and many more. Excellent Google reviews. SERIOUS BUYERS must take fast action and grab the huge profit of upcoming summer and fall months. **** EXTRAS **** It's a really very well kept and great profitable owner operated motel. Ideal opportunity for the new family to move in, enjoy a low costs peaceful life style of Northern Ontario AND start making money from the day one. (id:39198)
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