Oceanside Chalets and Motel for Sale in Ingonish, Nova Scotia, Canada

Oceanside Chalets and Motel on the Cabot Trail in Ingonish

Successful oceanside accomodations business located in Ingonish, Cape Breton, alongside the world famous Cabot Trail with unobstructured views of mountains, the ocean, Ingonish Harbour, and rugged picturesque coastlines. The famed Cabot Trail attracts over 400,000 visitors annually and has developed into one of eastern Canada's premiere vacation spots. There is an abundance of attractions and activities that strike at the very core of what people want to do when they are on vacation. Your visitors and guests come seeking adventures and looking for that beautiful place to breathe in the crisp ocean air, of which there is pleanty of. Your guests will leave with lots of fond memories and the intention of returning to this beautiful land loved by all those who visit.

The area is surrounded by Numerous Hiking Trails, is Walking Distance for Ocean Swimming, 5 miles from Highlands Links a public golf course rated 4 star by Golf Digest and silver by Golf Magazine, and 1/4 mile from Grocery stores, restaurants and laundromat.

Cape Breton Island's most famous resident, Alexander Graham Bell, once said, "I have traveled around the globe. I have seen the Canadian and American Rockies, the Andes, the Alps and the Highlands of Scotland, but for simple beauty, Cape Breton outrivals them all."

The availability of development land in Ingonish is very desirable, however, essentially non-existent, making this a rare opportunity to continue prospering in the coming years and for future development as a possible exit strategy. If you are aware of the area, you will note that one resort, being the Glengorm, has been demolished to make way for Condominiums.

Living accommodation: 1800 square foot home, 5 bedroom, split entry home, with pool. Currently rented out to local teaches at $900/month + utilities. Rental dollars not included in Business. ** Purchase Price does not include home.

Expansion potential:

- Online Marketing, considered to be the best opportunity for ROI.
- cleared land ready for expansion, Restaurant or Gallery?
- 10 month rental opportunity?? Looking at occupancy trends indicates room for longer-term rental.
- Local Ski Hill currently in talks of re-opening. (Winter Business)

Competition / Market: Supply has decreased by 55 units in past 3 years. The lack of development land in area has seen one business demolish itself to make way for condominiums. Another has closed due to Crown Land Lease expiry and buy-back from Government.

Support & training: Yes, owners live in area and plan on staying.

Reasons for selling: Retirement, 22 years as owners.

Trading hours: May through till October.

Owner financing: Owner financing is available. Please contact the seller for more information.