Sunshine Coast Hotel & Restaurant For Sale

Business description

This attractive 28 room Motor Inn is located directly on an oceanfront property, on the only commercial waterfront in area. With 23 standard and 5 waterfront rooms this inn boasts an average occupancy rate of over 70%. It features a busy licensed restaurant, with a catering service. The facilities include a conference room and a 3 bedroom manager's suite with fireplace and ocean view. There is strong commercial and government rental trade, as it is located near a busy commercial area. There is huge development and upgrade potential, limited competition and excellent cash flow. The property is less than 2 hours away from Vancouver (including ferry ride). What a wonderful opportunity to enjoy great earnings and a wonderful lifestyle in one of Canada's most beautiful regions. A training and transition period are available, financing is negotiable.

Property information

Real Estate:

Real Property Included

Lease terms:

Price includes real estate valued at $3,400,000.

Other information

Support & training:

Available.

Reasons for selling:

Retirement.

Trading hours:

24hours, Monday - Sunday.

Financing available:

Negotiable.

Furniture / Fixtures value:

$100,000

Inventory / Stock value:

$20,000

Contact the seller