Protfitable Restaurant And Motel Near Ottawa For Sale

Business description

THIS PROPERTY IS SOLD

Situated on 2 acres of highly valuable commercial land, this property has a great share in the touristic attraction of the scenic village of Wakefield, just 25 min from downtown Ottawa. Austrian mountain lodge style architecture restaurant and motel, dairy-bar, take-out and beer-garden. Close to the Gatineau river and facing the terminal of the summer steam train, the restaurant is known throughout the Outaouais for its exquisite German cuisine (at times supplemented by Asian menu) and attracts local customers, as well tourists from various countries throughout the year. Owner-operated since 35 years, this is the ideal business opportunity for Chefs wanting to go independent.

Property information

Real Estate:

Real Property Included

Living accommodation:

Apartment on two floors located in the Motel building

Location:

831 Chemin Riverside, Wakefield, J0X 3G0 close to the Gatineau River, Gatineau National Park, Highway 5 and Provincial Autoroute 105

Premises details:

Located on the scenic route along the Gatineau river, open six days per week between 8am- 2pm and 5-9pm

Size in square feet:

8 281

Business Operation

Expansion potential:

The Motel is a concrete and steel structure and can be expanded, the restaurant can be expanded too.

Competition / Market:

The only restaurant in the area that serves original European meals and the self-baked brown bread, the Motel rooms are affordable in price

Reasons for selling:

retirement

Trading hours:

8 am-2 pm
5-9 pm

Employees:

8

Years established:

35

Other information

Support & training:

owners will provide training for about 3 weeks

Owner financing:

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

Financing available:

Owner financing available upon 35% downpayment

Furniture / Fixtures value:

$45,000 (included in the asking price)

Inventory / Stock value:

$25,000

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