Occupying approx. 6.84 Acres on leased land within Canadian National Park. Resort includes 20 (four season) rental cabins, 4 (three season) staff accommodations, and an office/laundry facility.
This is an all-season business as the company offers 4 season accommodations, occupancy in the summer months from May to August is well over 90% with an overall yearly occupancy approx. 43%. Winter Rentals are substantially weekend rentals.
Prime Canadian National Park
The first lease expires in 2024 with the second lease beginning and expiring in 2045. The owner reports that the 2021 land lease rental payment was $24,495 plus GST.
Owner indicates there is substantial room to grow the business through construction of additional rental cottages on the existing land site, with all existing infrastructure in place to handle the additional water and sanitary sewer needs.
Revenue - $681,057
EBITDA - $379,388
SDE - $449,388
Strong Cash Flow Generator
Stable history of profitability
Excellent living quarters for Owners and Staff
Share Sale or Asset Sale
To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.