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Listings
$1,100,000
Liquor Store with Land & Building and a bonus Pub, Rooms and a Managers Suite!
| Realtor:
» Larry Berisoff 250-862-8100
» Jody Miller (PREC) 250-862-8100
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Syber Realty is pleased to offer this very well run liquor business in the North Okanagan,
The business consists of a liquor store , a 185 - seat pub, a 50 - seat restaurant, 10 guest rooms and a 1 bedroom owners’ / managers’ suite.
The current owners have the business for many years and are now at retirement age, they are not operating the business at full capacity, thus the decision to sell.
There are several options to consider with this opportunity. The liquor store is the major profit centre and most desirable part of the business to operate. If your strengths are in food and beverage there is potential in opening and operating the restaurant and of course this would enhance the pub business. One may consider selling and leasing the pub, restaurant, and room components and thus simplifying the management commitment and enhancing the bottom line! An on-site owner would likely rent rooms by the week or the month, even 6 rooms at $ 450 / month would be
$ 2,700 / month in additional revenue.
By eliminating the seating area of the café, the liquor store could easily be expanded to offer more selection and likely increase sales.
In the fall of 2010 and for the majority of 2011 Highway 97 which is the main road through Enderby and the main access to this business was under construction, for many months the road and sidewalks were ripped up access was limited this greatly affected customers access to the liquor store. Th eproject is now complete and access has been restored.
The owner would consider first mortgage financing with a healthy down payment.
If you are looking for an Okanagan business,
this is worthy of your consideration!
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| Taxes | $17,697.00 | | Property Type | Pubs | | Status | Exclusive New | | Lot Size | 180' x 120' | | Residence | 1 bedroom | | Units | 10 Units plus Suite | | Pub Seating | 185 | | Zoning | C-1 | | Water | Municipal | | Sewer | Municipal | | Inventory Included | No | | Asset Sale | Yes | | Land And Building Included | Yes |
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