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Waterfront Pub & Inn In Lasqueti Island For Sale

Lasqueti Island, British Columbia, Canada
Asking Price:
$1,100,000 (CAD)
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
Undisclosed

Welcome to Lasqueti Island - a gorgeous off grid island nestled in the Salish Sea on the coast of BC. The pub serves a vibrant and unique community as well as transiting vessels. & tourists. Our west facing patio features stunning sunsets over Vancouver Island mountain ranges.

The main building situated at the top of the government dock has 8 hotel rooms, a coffee shop, a pub, foreshore lease, a liquor primary and food primary liquor licence. Lasqueti is served by a passenger only ferry, 3 times a day (5 or 6 days a week depending on the season). There are also two houses on the property, one currently rented with the other occupied by the owners.

The waters around Lasqueti are wonderful for kayaking, sport fishing & swimming.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

There are two houses that could be used for owner accommodation/or rentals.

Location:

Walk on waterfront Lasqueti Island

Premises Details:

Large patio with seating for 155 people, 8 rooms that could be turned into apartments, Two additional houses on the property - one occupied by tenants. The other has the potential to be turned into two suites. (One is owner occupied) The pub also caters to off sales. This is an off grid island, the pub is powered by solar and generator.

Size in square feet:
.95 acre

Business Operation

Expansion Potential:

Additional accommodation (yurts, tiny homes etc) could be added to the property.

Competition / Market:

No other pub, or hotel on the island. There is a small coffee shop across the road open till 5:30pm.

Reasons for selling:

Retirement

Trading hours:

coffee shop opens at 7am, pub at 1 or 3 pm depending on the day - closing at 1:30am.

Employees:
2-7 depending on the season
Years established:
30+ years

Other Information

Support & training:

Will train prospective new owner, owner financing possible.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$20,000 (CAD)
Inventory / Stock value:
$4,000 (CAD)