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Being offered is an EXCELLENT full-service hotel property located in the unique and beautiful community of Elkford.
Seldom does an opportunity come along like this. The Combination of minimal competition combined with a booming local economy make this a must to examine as a business opportunity!
The Motor Inn is one of two businesses that offers accommodation, one of two pub / bars and one of few restaurants and the only private liquor store in a community of about 2,500 people. It is the place to stay for those seeking a full-service facility!
The restaurant is leased. The business consists of lease income, and operating the rooms, pub, and the liquor store.
The property is located beside the areas only shopping plaza and is walking distance to the community, pool, and recreation centre.
The land base is large enough to accommodate future expansion.
The area is famous for wildlife, magnificent mountains and of course coal mining. The area’s coal mines are the backbone of local economy and provide some of the highest paying jobs in British Columbia for locals and often for contractors that frequent the area for maintenance, expansions and construction. It is these crews that are the fuel for the motor inn, especially the room business.
Teck not only have major coal mines but has just embarked on major water treatment project that will be done over several years, this project is 100’s of millions of dollars!
If you are considering a solid cash flow business with steady lease income, in a low competition setting, you may want to have this property on your list!
Real Property Included
Liquor Store, 22 rooms, banquet room, pub, leased restaurant
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