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14 Units Motel & Restaurant 4.8 Acre French River
Location: Canada -> Ontario
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

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. Asking price $500,000

See it at ongeorgianbay.ca/listings/035
or
real-estate-ontario.ca/Listing/ViewListingDetails.aspx?ListingID=4129937

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 !

Andrew Sobczak
Broker of Record
On Georgian Bay Real Estate Inc.
Real Estate Brokerage
RR2, PO Box 174, Victoria Harbour, ON L0K 2A0
phone 705 543 1341


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $150,000
Cash Flow:   $85,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1990
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Retiring.

Photos

View Larger Photo(s) Of Business
14 Units Motel & Restaurant 4.8 Acre French River Photo 1 14 Units Motel & Restaurant 4.8 Acre French River Photo 2 14 Units Motel & Restaurant 4.8 Acre French River Photo 3




Print Listing Id: 700138164
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Ontario Businesses For Sale > Ontario Franchises For Sale



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