Business for Sale

Salmo Hotel

101 4th Street Salmo, BC Salmo Kootenay Central Kootenay

For more pictures go to ID 30974

Salmo Hotel & Restaurant .... Salmo's iconic landmark!! Owner is ready to retire after growing and enjoying this business for 35 years! Here is your perfect opportunity to get into Salmo and run your own profitable local business. A year round business with the best restaurant in town!!


* Hotel with 99 seat bar and 20 Additional Seats on the Outdoor Patio

* Pull-Tab, Keno, Poker and Lottery Terminals

* Best Restaurant in town with Lucrative Take Out Business

* 5 Suites Rented by the Month 2 Rooms for Nightly or Weekly Rental (new hardwood & carpet, new gyprock)

* Only pub in town!!

* New roof

* Beautiful central corner lot location with level access, excellent highway exposure and ample parking

Everything included with this turnkey business and priced to sell at $499,000

In order to support a sale the owner is willing to HOLD a 1st Mortgage up to $350,000 to a Qualified Buyer!

The building meets all Insurance, Fire and Health Regulations. It is inspected annually and is entirely Fire protected by a Sprinkler System that has just been completely upgraded.

Included in the price:

* Equipment and Appliances

* All furnishings

* Pool Table, Karaoke Equipment

* Linens and Bedding

* Gambling machines

* Stock, currently valued at approximately $50,000, will need be negotiated separately

* Full financial disclosure will be available to a qualified buyer

This Outstanding Opportunity is waiting for someone who has the ability, ambition, energy and commitment to take this already thriving business to the next level. The owner will be pleased to share her skills, knowledge and expertise to support a smooth transition.

So.......... if you're looking for an Exceptional Business Venture, the opportunity to "Create Your Own Lifestyle" and make a wonderful contribution to this Growing Community which is located in an area of Outstanding Natural Beauty .... Call for your personal tour!


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Community Profile: Salmo

Central Kootenay

Salmo is a beautiful village situated high in the Selkirk Mountains in the Kootenay Region of British Columbia. We are an active community with many services and attractions. We have a vibrant arts community and challenging, fun recreational activities year round. Salmo has a fascinating Gold Rush and Logging history that is celebrated in our famous stone murals. Besides our

Total Population 1,141
Median Household Income $47,296 ($CDN)
Closest Commercial Airport Canadian Rockies International Airport (186km)
Closest Ocean Port Port Metro Vancouver (605km)
Closest Major Centre Calgary (449km)
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