Century Old Heritage Hotel

Asking Price$4,700,000

Cash Flow
$270,524
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,402,006

Inventory$97,456
Included in asking price
FF&E$110,311
Included in asking price
Real Estate$3,880,000
Included in asking price
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Century Old Heritage Hotel


Asking Price$4,700,000

Cash Flow
$270,524
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,402,006

Inventory$97,456
Included in asking price
FF&E$110,311
Included in asking price
Real Estate$3,880,000
Included in asking price
Business Description
Discover an exceptional business opportunity with this fully restored Heritage Hotel located in a picturesque county on a historic parcel of land. A hotel destination blending Victorian grandeur with modern comfort consisting of 14 sumptuous rooms and suites each individually designed and appointed to ensure an unforgettable experience. In operation since 2018 is a place that fully embodies the richness of eras past and truly encapsulates the essence of a retreat holiday that unravels in a luxurious and bespoke setting. As seen in several publications and digests; this historic 14 room and suite hotel and restaurant has been awarded top 10 small hotels in Canada and Top 1% of hotels Worldwide. Do not miss the chance to own a piece of Canadian history and write the next chapter of this property's storied journey. Act now and step into this thriving opportunity with limitless potential for success and growth.
About the Business
Years in Operation
7
Employees
18
Facilities & Assets
Five star amenities are all housed in this 3 story landmark that sits on just over an acre of historical parcel of land. Just steps away from vibrant boutiques, restaurants and galleries and with a wine spectator awarded cellar and farm to table 50 seat dining room; your breath shall be taken away. Enter Canada's most unique boutique hotel where every room is individually designed to infuse emotion. The desire to mix old and new is displayed by bringing each suite to life in an intimate, seductive environment.
Market Outlook / Competition
This 1878 built majestic landmark is a fine example of Victorian Gothic Architecture that sets itself apart from other local hotels and because of this unique character; it is the top choice of travellers year after year. Beginning with end in mind during the major renovation a socially conscious approach was taken. The establishment is proud to be committed to operating with environmental sustainability at the forefront of its development. From Mother's day brunches to summer jazz festivals, back drop weddings to family Thanksgivings year after year.
Opportunities for Growth
In the midst of a rapidly growing industry, this fully restored 3 story Victorian stands out as a unique gem with small-scale competition. While the destination resort sector continues to expand, the restaurant has carved a niche for itself by prioritizing quality over quantity. It's a place where "Farm to Table" takes centre stage, renowned chefs artfully craft menus showcasing locally sourced ingredients. The hotel maintains a personalized touch in its service, cultivating a sense of community among its patrons.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Owner is relocating but will assist in a transition to accommodate a new owner.
Transition Support
Will train for 4 weeks @ $0 cost.
Listing Info
ID
2255890
Listing Views
2270

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Business Listed by: Karim Moosa Murphy Business Sales Ontario Inc.

Listing ID: 2255890 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.