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Temagami Shores Inn and Resort For Sale (Ontario, Canada) Asking Price:£989000

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Temagami Shores Inn and Resort For Sale


Revenue £over $500k, Net Profit £$45k, Established 1960

The beautiful inn and resort is nestled among old growth red and white pines along the shores of famous Lake Temagami. The facilities are clean and cozy and have been well maintained over the years. The celebrated Temagami Shores restaurant offers modestly priced family fare and seats up to 100. It is a favorite destination for the local community, visitors from Toronto and international travelers all year round. It features swimming, canoeing, fishing and boating in the spring and summer months, awesome fall colors in September and October, and world-class hunting, cross-country skiing, snowmobiling and ice fishing in the winter. Wedding receptions and family reunions are a specialty. • iconic 16 motel rooms, 4 suites, 3 cabins, licensed restaurant, function room • includes shores of Lake Temagami with canoes, docks, boat house and boat launch • all equipment and chattels including 2012 Dodge Caravan and John Deere tractor • free hold title over 7.3 acres of pristine old grow white and red pines • borders Finlayson Point Provincial Park • 4 bedroom, 2 bathroom manager's/owner's apartment • operates profitably all year

Business Information

Number of Staff

8

Ownership

freehold

Any Expansion potential

yes

Reasons for selling

owners retiring

Any Inventory / Stock value

TBN

Is this a home-based business

Yes

Property

7.3 acres

Telephone

Business Location details

Highway 11 at Temagami

Competition / Market

only inn in Temagami

Trading hours

all year

Any Support & training

2 weeks free training

Any Furniture / Fixtures

all chattels

Any Living Accommodation

4 bed, 2 bath appartment

Can this business be relocated?

No

Is this business part of a franchise?

No