- Advert ID: 545911
- (Seller ref: VANISBC00110)
Vancouver Island Hotel With Development For Sale
- Location:
-
- Canada
- > British Columbia
- > Vancouver Island
- > Vancouver Island
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Summary
- Asking price:
- $2,500,000
- Sales revenue:
- $485,000
- Net profit:
- $185,000
- Years established:
- 1980
- Employees:
- FT: 1, PT: 3
Business description
Rare oceanfront hotel development property located near one of the most popular and beautiful National Parks in Canada, located on the west coast of Vancouver Island. The Park attracts over 1 million visitors per year, mostly between March and October. Vancouver Island has a multitude of world renowned ocean resorts with destinations of Campbell River, Parksville, Qualicum Beach, Tofino and Victoria. Despite the seasonal nature of this business for sale, this 13 unit hotel maintains an average annual occupancy rate of 70%. The opportunity exists to earn income from existing improvements while concurrently developing the adjacent property to at least double its current size and greatly increased earnings. Offers a fantastic combination of lifestyle and owner income with this great investment business for sale. Competent Manager in place. For more information, contact Michael Naprawa xxx.xxx.xxxx, or email xxxxxxx@xxxxxxxxxxxxxx.xxx.
Sunbelt Agent:
Other information
- Reasons for selling:
- Looking to focus on new venture
Contact the seller
need to search again?
- Canada
- > British Columbia
- > Vancouver Island
- > Vancouver Island
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