Successful Masset Hotel For Sale

Business description

Built and opened in 2003 this waterfront hotel enjoys really picturesque views. Centrally located in Masset it is the only hotel in the town. Fully furnished and equipped this is a true turnkey operation with 18 spacious rooms (9 equipped with two double beds and 9 with one double bed) and all with private bathrooms. The buildings, on the waterfront with water access, are in an excellent state of repair. Sales and profits have been increasing steadily over the past three years.

This acquisition affords an excellent opportunity for a couple to live in a vacation location, in a beautiful apartment with quality guests. A perfect bridge between career and retirement.

The hotel is open for 11 months of the year. The owners, husband and wife, both work in the business and live on the premises in the top suite which is made up of 1,700 sq. ft. of open plan living accommodation with views of the ocean. Vendors plan to live nearby and will offer assistance in the transition.

Around 70% of the clients are repeat customers. In the off season the hotel caters to personnel who are obliged to work in the Queen Charlottes (like BC Hydro workers) who are there for usually week long stays.
This has been a non-smoking hotel and has a large reception area, large kitchen and restaurant area where complimentary breakfasts are served daily. Restaurant menu could be extended. Liquor licence could be applied for.

Property information

Real Estate:

Real Property Included

Living accommodation:

The top suite which is made up of 1,700 sq. ft. of open plan living accommodation with views of the ocean

Location:

1970 Harrison Avenue
Masset, Queen Charlotte Islands, British Columbia

http://www.engelhardsoceanviewlodge.ca/

Premises details:

Building construction: wood with cedar siding. Metal roof. Hot water heating throughout. 10 parking spots (with ample street parking). Fridges in every room.
Cable and wireless internet in every room. Fire alarm. Fitness facilities available.
One room has handicap access.

Business Operation

Expansion potential:

Restaurant menu could be extended. Liquor licence could be applied for.

Trading hours:

The hotel is open for 11 months of the year. The owner’s role is dealing with guests, general management and preparing breakfast.

Years established:

2003

Other information

Owner financing:

Owner financing is available. Please contact the seller for more information.

Furniture / Fixtures value:

$20,000