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Hospitality

15 Room Motel On Hwy 17 Near Sudbury

Greater Sudbury, ON, CAN
Updated 176 days ago

Listing Description: 15 Renovated Room + 1 Apt for the Operator. Indoor Corridor Motel. Spent thousands of dollars on recent Renovations and Upgrades. Year-round profitable business and easy ONE-MAN operation, very comfortable to manage and maintain in the winter months due to the indoor corridor. The motel is located (about 30 min from Espanola, 1 hour west of Sudbury and 5 hours north of Toronto) Right on Trans Canada Hwy 17 with NO other motels in the town, No competition. The Snow Mobile Trail located right at the back of the motel. Great customer base, mainly Workers from the different companies/industries and tourist in the summer and fall months. Motel has a good demand for Weekly & Monthly occupancy in the winter months. The Motel has an in-house Restaurant and Bar (however restaurant and bar had NOT been in operation, selling as is - extra income potential for the right buyer if decides to runs the restaurant and bar), Plus an additional Entertainment/Party area as well (possibilities of adding more motel rooms or kitchenette apartments). Absentee Owner, this business is an ideal opportunity for the Owner Operator to enjoy a semi-retired and less expensive northern Ontario's lifestyle, work limited hours and still make very good NET INCOME in the pocket after paying off mortgage and all operating costs. Total Lot Size: about 2.08 Acres. Property has Municipal Water and Sewer (No Septic or Well). Huge Circular driveway right on Hwy 17 and Car Parking on both sides of the property, the front side and the back side of the property as well. Customer's room access are also on the both side of the property. Please contact the listing agent for more info: Niraj Pancholi, REALTOR® Century 21 People's Choice Realty​​ Inc., Mississauga, ON Brilliant Realty, Calgary, AB Specializing in Selling Motels​ & Hotels Since 2011. SOLD over 50 Motels & Hotels ​in Ontario with Proven Records Multiple Awards Winner Since 2011: TOP 100 Producers in Canada Award: 2023 -​ 2025​. CENTURION® PRODUCER Award: 2017 - 2021​, Successful Listing Agent Awards​. Platinum Awards 2017... 2025. ​ Outstanding Achievement Award of Excellence : 2011 to 2025​. Selling all types of Businesses, Commercial & Residential Properties Since 2011 Visit my website for new & updated listings. Not intended to solicit any buyer or seller under contract. Licensed to ​work in the Provinces of Ontario and Alberta

Location

On Trans Canada Hwy 17, Between Sudbury and Sault Ste Mari

Employees

1

Real Estate

Real Property Included

Trading Hours

9am to 9pm , 7 days

Management Type

This business has absentee ownership.

Premises Details

Over 2 Acres of land

Support & Training

Full training will be provided to the new buyer

Competition / Market

NO

Living Accommodation

1 Bedroom, Living Room, Kitchen and Bathroom

Reason for Selling

buying bigger motel or hotel

Financials

Asking Price
$999K
RevenueMost Recent Year
$375K
Earnings (SDE)Last Reported
$75K
Assets Value
Undisclosed
Seller Financing
Yes

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