- Advert ID: 669556
- (Seller ref: VANCOBC002136)
Ocean Front Hotel For Sale
- Location:
-
- Canada
- > British Columbia
- > Vancouver Island
- > Vancouver Island
- Add to your shortlist >>
- View your shortlist >>
- Email alerts >>
- Email this advert to a friend >>
- Print this advert >>
Summary
- Asking price:
- $2,500,000 (Furniture / Fixtures included)
- Sales revenue:
- $485,000
- Net profit:
- $185,000
- Years established:
- 1980
- Employees:
- (FT) 1 (PT) 3
Business description
This rare oceanfront hotel with property is located near one of the most popular, beautiful National Parks in Canada, attracting over 1 million visitors per year. The current owners have enjoyed the wonderful lifestyle provided by this business. Peak season is March to October. This 13 unit hotel has a very high average annual occupancy rate of 70%. The property can expand to double its current size. There is a good manager in place, thus the owner is not required to be the business operator. Tour bookings are a major source of revenue.Not included in this offering but available from the seller is an adjacent 1/2 acre of waterfront land ready for development. Combining the two land parcels should enable the re-development of this business to a 50+ unit property.
Property information
- Real Estate:
- Real Property Included
- Lease terms:
- Real Estate value: $2,000,000.
Other information
- Support & training:
- Available.
- Reasons for selling:
- Other Interests.
- Trading hours:
- Monday - Sunday: 24hrs.
- Financing available:
- Negotiable.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- Canada
- > British Columbia
- > Vancouver Island
- > Vancouver Island
Other buyers are looking to buy a business like this in Business Wanted >>
selling your business?
If you own a business and are considering selling, visit our Sell Your Business section.
BusinessesForSale.com recommends
- HOW TO BUY A GOOD BUSINESS AT A GREAT PRICE
- 100s of strategies & techniques to help you find & buy the right business.
-
- Click here for more
- BUSINESS WANTED
- Reach sellers looking for a business buyer by placing a Business Wanted advert.
-
- Business Wanted
- BUY A FRANCHISE
- If you’re a first time buyer then buying a franchise can be a smart way into business.
-
- Browse hundreds of Franchise Opportunities
