Asking Price
Can$1,200,000
Gross Revenue
Can$860,000
Cash Flow
Can$362,000
Overview
Business
Description
Operating since 2017 this fast growing lodge is located in the heart of downtown. The business started out with 8 beds six years ago and has grown to accommodate 80 beds within 6 apartments and 14 rooms. Centrally located off of one of downtown's busiest main roads. Near tourist hotspots such as CNE, Liberty Village, Budweiser Stadium and more. In addition to the lodge having 2 rooftop patio decks and 1 balcony it also contains a kitchen for breakfast service, laundry room and space for seated meals. Most sales come from online bookings, partner websites and many repeat customers. Great customer service keeps steady business walking through the door. Tremendous potential for growth due to the rapidly expanding neighborhood. Seller to train to ensure a smooth transition. Inquire today about this amazing deal!
Sale
Reason for Selling
Personal
Training/Support
Yes
Premises
Location
Toronto, ON
Contact The Seller
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