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Established Destination Lake Resort For Sale

Saskatchewan
Asking Price:
$699,000 (CAD)
Sales Revenue:
$153,500 (CAD)
Cash Flow:
$52,600 (CAD)

Listing Details

Asking Price: $699,000
Annual Gross Sales: $153,500 (3 year average)
SDE: $52,600 (3 year average)

Executive Summary

Well-established destination lake resort located in Central SK. Well diversified with a
stellar reputation appealing to guests’ preference for modern rental accommodation. The
seven suite Chateau provides access to the confectionary, fuel station, laundromat, shop,
storage compound, shoreline, hiking, ATV and snowmobile trails, and access to over 60
lakes. Included in the sale is the recently renovated 2800 square foot owner’s residence.
This resort is priced well below the $1.156M market value calculated by square footage
rates of comparable properties. This is an incredible value and an extraordinary
opportunity.

Business Highlights

-Seven modern rental suites in the Chateau, five fully serviced RV sites, modern laundromat and shower rooms, new confectionary, storage compound, gasoline station, and septic tank services.
-Strong base of return customers during summer and winter seasons. Typically operates at, or near, full occupancy year-round.
-Year-round destination resort, popular with snowmobilers, ATV enthusiasts and vacationers interested in outdoor and lake recreation activities in summer or winter.

Property information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

Relocating to be closer to family.

Employees:
0
Years established:
1999

Other Information

Support & training:

Current owners will transition new owners into business.

Related Documents:
Home based:
This business can be run from home.

Contact Information

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