1307 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$885,000
RevenueUndisclosed EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
OVERVIEW
The Extended-Stay Hotel and Bar is located in the Thompson-Okanagan region of British Columbia, Canada. The Company provides long-term (monthly) rental accommodations, no daily rooms. The Company rarely has vacancies and there is currently a waiting list for rooms.

There is a large suite on the main floor that could be used as a manager’s suite.
The Company’s fully-licenced bar features live music year-round.

The building also has commercial spaces. The Company receives commercial rental income from a few units that are leased.

Vendor and bank financing available.

MANAGEMENT
The business has experienced and long-term employees who will be a part of the transition to new owners. Employees can handle all day-to-day activities of the company.

The current owner of the Extended-Stay Hotel and Bar only works a couple hours a day to handle administrative duties. The current owner is willing to remain in the business after the sale for up to six (6) months to ensure a smooth transition.

PROPERTY
The property, approximately 12,000 sq. ft. is regularly maintained and upgraded. The Company is located on a main street in the city centre near major tourist sites.
Sale Reason:Retirement
Ad #88608
Seller Reference #721110-S10H16
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Stephen Harrison
Pavilion Business Services
1.888.859.5388
Name
Email Address
Message