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Beautiful, near new 29 Room Motel in Lake Country BC...$2,388,000...NEW



* This image may not be a representation of the actual business for sale

Business Type Hospitality-Lodging
Price $2,388,000
Revenue $338,681
Cash Flow $199,173
Years in Business 6
Inventory Minimal Inventory
Type of Sale Share

Description:

Less than $80,000 a door...Newer Motel in BC's Fastest growing community


29 room and one (2) Bedroom suite in a very clean recent build Motel in growing community of Lake County BC, Motel is on Hwy 97 right across from large busy shopping center with many facilities and restaurants.


 


MLS® 10112098


Facilities: 29 room and one (2) Bedroom suite, (which to date has not been rented out) Plus a two Bedroom Managers suite attached to the motel office. Office building also contains the in-house laundry facilities and services (Power/water).


Growth/Expansion: great opportunity for growth. No marketing plan is in place, and no website. Bring your marketing ideas and energy. We expect revenue increase in 2016 due to the 2 Bedroom suite being rented out as well as organic growth. Off season monthly room rentals could also add revenue, the current owner does not do this.


Reason Selling: owner looking for a different project


Industry: Other