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Businesses For Sale > Business For Sale in Vernon, British Columbia, CANADA (CAN)

Property Motel / Senior Home for sale in Vernon, British Columbia, CAN

Vernon, British Columbia, CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 1,350,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
(included in the asking price)

Inventory Value:
(included in the asking price)

Real Estate:
(included in the asking price)

Business Summary:
Location! Location! Location! The Okanagan is where the sun is hot, golfing incredible, lakes enjoyable, wineries plentiful, and the ski slopes fantastic. Vernon is not your average Canadian city, and there is definitely no better place on earth - the HAWAII of Canada –the Okanagan Valley. If you are thinking of living in Canada, why not in the best place in Canada, and make a successful business for yourself and your family. Enjoy the lifestyle that the Okanagan will offer you – golfing, skiing, and convenient access to some of the most beautiful lakes. http://www.okanaganvisitor.ca/ http://www.okanagan.com/ http://www.vernontourism.com/ This is a place where you can appreciate the beauty of a great lifestyle and choose how to run and manage a business in your way. PROPERTY Located in downtown Vernon, at the corner of 2 main highways! Property size is 0.558 ac. See plans attached. One of the best and most valuable locations in Vernon – The potential is FANTASTIC. - Two blocks from the hospital/. - Directly across from shopping, restaurants, and the city park. - Next to a newly constructed medical office building (opening in May of 2012). As is right now, the property has a 3 storey motel with 27 individual rooms, each with private balcony. This property has a much greater potential then the motel. There have been many inquiries to convert or upgrade to an assisted living seniors home. This is your opportunity to create a long-term, stable profitable business. Prospective drawings have been started after some research. See pics attached. The estimate cost of upgrade between five and six hundred thousand, which will include an elevator, main floor kitchen, and eating facility, and other essential upgrades.

 
   
Facilities / Terms of Lease: owned  
   
Potential Growth/Expansion: This property has a much greater potential then the motel. Best use is to convert or upgrade to an assisted living seniors home. This is your opportunity to create a long-term, stable profitable business. Prospective drawings have been started after some research. See pics attached.  
   
Owner willing to finance: assumable mortgage  
   
Reason for selling: Retiring.  
   
Seller Reference Number: bm610631176
BusinessMart.com Listing Number: 118481