Motel Business For Sale in Cochrane

Asking Price: ?

$3,800,000

Business Description

Well maintained 40 ROOM MOTEL with 2 APARTMENTS for the Owner or Manager to stay. The Property is well situated facing right on Trans-Canada Highway 11 with 500 feet frontage in the growing town of Cochrane which is right in the mid-way of Toronto and Thunder Bay. Year-round profitable business, Snowmobile trail is passing through the property (equally busy in the winter months). Cochrane town is fast developing with many new businesses established in past few years. Current owners have been successfully managing this property since 2019. Great repeat customer base of tourists, workers, contractors, hunters, snowmobilers etc. and Evacuees through the local city office due to flood, fire, storm etc. happening in the seasons up in northern Ontario. Last 3 years Average ROOM REVENUE is about $850,000 - Absentee Owner - Great investment opportunity for the New Buyer. (id:63340)

Business Details

Listing Reference # (Optional)

T12179233

Listing Title

Motel Business For Sale in Cochrane

Property Type

Business

Street Address

Cochrane, Ontario

Last Updated

Wed, 28 May 2025 18:45:44 GMT

Contact NIRAJ PANCHOLI for more information

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