Motel/Cottages For Sale

Summerside, PE

Motel/Cottages For Sale
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Asking Price: Get Financing: $989,000

Cash Flow: N/A

Gross Revenue: N/A



Inventory: N/A

Established: N/A

Motel/Cottages For Sale

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Business Description

Motel, Cottages, Trailer park and Restaurant - High Visibility.
This year-round diversified business is located on the main highway entering Summerside, the 2nd largest city on PEI and is uniquely situated for easy and convenient access to/from Summerside, Charlottetown, Cavendish and Confederation Bridge. Nestled on 4.3 acres within the City limits, the business has 24 units, 4 charming uniquely different cottages, 3-way hookups for camping trailers, a fully equipped restaurant and a 3 bedroom, 3 bathroom owner/manager/rental apartment above the Restaurant/Office area with a roof top sun-deck. One of the most unique features of this property is a Duck Pond, located at the rear of the motel. Owners receive requests from repeat customers to locate in a room that overlooks the pond, where they can watch, relax and enjoy the serenity of the wildlife in the pond. Many of the units are equipped with kitchen facilities and rented monthly during the off-tourist season.
Business Listing price: $989,000*
*This price includes all land, buildings, machinery, equipment and tools (everything needed to run the operation).

For more information, please contact Kevin Forrester at VR Business Brokers in Charlottetown, PEI at (902) 370-8722 or email or**
**Our contract with the Seller requires that we obtain a signed, legally binding Non-Disclosure Agreement prior to disclosing any further information.**

***Current owners are willing to remain on site for an agreed upon amount of time to train and familiarlize the new owners with the business***
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Kevin Forrester

Business Listed By:
Kevin Forrester

Bridge Atlantic

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