Lease Only - 9 Bedroom Hotel With Character Restaurant & Bar With Type 47 Hard Liquor License
Asking Price: $50,000
Location: 22415 Hwy 299 E, Modoc, California
Yearly Revenue: Contact for Info
Yearly Cash Flow: Contact for Info
Monthly Rent: New Lease Negotiable
Lease this quaint 9 bedroom B&B Hotel complete with Restaurant and Bar located on a major Highway in an area perfect for a lifestyle for those wishing to get away from the city and build your own business and reputation around an historic Hotel. A new lease will be negotiated but buyers can expect a long term lease in return for a monthly rent of around $2,000. Lessee must also pay the landlord a deposit of $50,000 to secure equipment for Lessor. The proposed Lessee must be able to provide an experienced track record, have sufficient funds on hand to manage the cash-flow needs in the short term and propose a viable 3 year business plan in writing to satisfy the Owner. The town of Canby is located on a bustling tourist highway en route to the many Lakes and National wildlife refuge and close to the Oregon border and Klamath Falls. At an elevation of 4300 ft there are commanding views and breath taking vistas to enjoy while making your living in comfort and style. 9 nicely appointed bedrooms upstairs and a Type 47 hard liquor license and Type 21 off-sale license with a bar and restaurant downstairs plus a huge store room next door. All of this is right on the main thoroughfare from Northern California to Oregon. The bar has a pool table and bar stool seating for 12 and further seating with a comfortable dining room. The kitchen is fully equipped with an 8ft type 1 hood with fire suppression system, 2 deep fryers, a flattop stove with burners and ovens. A refrigerated worktop and ample prep tabling with microwave and undercounted dishwasher complete this very useable space. This could also be your home as well by using some of the 9 bedrooms or you could convert the next door storeroom into the owners accommodation and leave this 9 bedroomed B&B Hotel, Bar and Restaurant for your income and enjoyment. If you require more information and wish to speak with the broker about this property please complete the ‘Confidential Information’ request at the top of this page and we will send you the list of equipment included & many current photo's. We will also send you the broker contact information so you can discuss this opportunity in more detail.
Organization: Sole Proprietorship | Year Established: 1937 | Current Owner: 2008 | Seating: Contact for Info | Square Footage: 6000 | Parking: Ample | Licenses Required: Health, Business and ABC Type 47 & Type 21 License | Days Open/Hours: Daily from 11.00am | Reason For Sale: Retirement |
Contact for InfoContact for Info
Monthly Rent: New Lease Negotiable | Lease Expiration: New Lease Negotiable | Yearly Adjustment: New Lease Negotiable | Lease Option: New Lease Negotiable | Security Deposit: New Lease Negotiable |
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