Business opportunity
Ocean view hotel, pub and restaurant
Asking price: $ 1,450,000
Location: 950 W. 1st Avenue Prince Rupert BC
Lot size: 11,700 sq. ft.
Building size: 20,000 sq. ft. (aprox)
Taxes: $12,626 (2006)
Hotel rooms: 34 ( 34fully renovated, additional 5 suites to be completed)
Pub Seating: 114
Restaurant: 57 (ocean view)
Outside patio: 41 (ocean view)
Parking: 8 plus street parking (space available to build more)
Bar, Restaurant opens hours: 10:00 AM to 12:00 midnight
Total employees: 7 (absentee owner)
Sales in 2005/2006: $ 347,281 (increased in 2007 approx: 20%)
Present owner from 2002 t0 2004 renovated hotel. Some
renovations include;
seismic upgrading to todays codes, all new wiring, state of the art
sprinkler system, new plumbing, fire alarm, and new firewalls, new
fire escape staircases, new flooring, new paint, rebuild bar and restaurant, outside of the building 3 sides are renovated with new wood siding. Torch on roof done in 1999.
Business is growing steadily since reopening. Huge potential with some advertising. Excellent location.
For more information about this business for sale, click the Contact Seller button.
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