Princeton 22 Units And Small Take Out Cafe For Sale

Business description

Being offered is a 22 unit motel with a very good location in the heart of Princeton!

Princeton is experiencing a resurrection of sorts, a former copper mine has been re-opened, with investments from China. The mine that was large employer was closed for many years, as of April 2011, and started production. There are two other prospective mines that are in the exploration phase.

The Ponderosa has an excellent location just off the busy Highway 3 and on Princeton’s Main Street. It is adjacent to the main shopping centre in town, near banks, and grocery stores.

The motel offers guests a variety of rooms including 8 kitchen units. Guests include travelers, tourists, workers, sports teams, and corporate people clients. The indoor pool and hot-tub are very popular attractions

The current owners created a sushi restaurant in the former office of the motel, 70 % of its business is take-out. It is very popular and busy! If a new owner was inclined to operate the sushi bar to maximize profits that option is available. Other alternatives would be to offer other type of food / coffee, use it for a continental breakfast area, or rent the space.

If you are looking for a solid investment that offers a great return, a family size living accommodation, in a great area, take the time to investigate the Ponderosa! Part of the exterior of teh motel has just been stuccoed, it looks very nice!

Property information

Real Estate:

Real Property Included

Living accommodation:

3 bedroom living area nice updates to floors, kitchens and bathrooms

Location:

Princeton BC about 3 hours from Vancouver

Premises details:

2 storey building