Being offered is a high cash flow full service hotel property located in the unique and beautiful community of Elkford. The community is booming with Teck operating coal mines and building water treamnet facilities, this are multi million dollar operations that bring hundreds of workers to the area. 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.
The Motor Inn is one of two businesses that offers accommodation, one of two pub / bars and one of few restaurants in a community of about 2,000 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.
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!
Sale Type: Reduced