14 Units Motel & Restaurant 4.8 Acre French River

www.GlobalBX.com

Listing ID: 700138164

Listing Title: 14 Units Motel & Restaurant 4.8 Acre French River

Quick Link: http://www.globalbx.com/listing.asp?bId=138164

Industry: Hotels and Holiday Accommodation

Industry Segment: Motels

Country: Canada

State / Province: Ontario

Area

City:

Asking Price Range: $250K - $500K

Gross Revenues: $150,000

Cash Flow: $85,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1990

Number of Employees: 1 - 3

Business 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. 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



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