French River Inn, 14 Units Motel And Restaurant
Location Ontario,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1990
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes.
Reason for Sale Retiring.
Description French River Inn, 14 units motel and restaurant with 150 seats and liquor license. Located in famous French River area right on hwy 69 on nicely treed 4.85 acres. Owner's accommodation. Laundry facility. Can be easily converted back to 18 units motel. Parking for 60+ cars. 2 car detached garage. Restaurant built in 1960, motel rebuilt in 1990.
Approx 8,000 sf of commercial space. Owners want to retire after 25 years of running successful business. Motivated sellers, come down to have a look and make an offer ! Property taxes $6,329 for 2008. Asking price $875,000.
NOTE: adjoining properties:
- 22 storage units building on 1.6 acre lot fronting 274 ft on hwy 69,
- 73 treed acres with deeded access 50 ft on French River and 708 ft frontage on hwy 69,
- professional automotive workshop with residential home on 10 acres with 4 acres pond
fronting 708 ft on hwy 69 and 20 ft on French River,
- 6 lots (2-3 acres each) waterfront on French River, are all for sale. Don`t miss this investment opportunity!
Email or call Andrew Sobczak, Member of the Muskoka & Haliburton Real Estate Board, at 705-543-1341 for more info.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
