Business for Sale

Well established Hotel / Bar for sale

usiness
2101 Quilchena Avenue Merritt Thompson/Okanagan Thompson-Nicola
Accommodation & Resorts
$599,000.00
 

Business has been owned and operated by current owner for 39 years. In total, this well established business has been in operation for over 100 years.  Owner / Operator is retiring and would like to find a buyer that will continue the tradition of this truly historic business. 

The business consists of a hotel, bar, cafe, barber shop and taxi stand all within one building. The building has new roofs, new hot water systems and new hot water tanks.  All plumbing has been approved and asbestos contamination (minor) has been dealt with through WCB. Staff is familiar with daily operations of the business. Management time required is minimal.

Details are as follows:

1. Hotel consists of the following:

a) 14 rooms in total, typically rented out on a monthly basis. One of the rooms is currently kept for management, although it can also be rented.  

b) All room furniture, including stoves and fridges, new or in good condition. 

 

2. Bar / pub

a) Fully licensed bar with 116 patron capacity

b)  Live Country Music bands on weekends play at low prices.  House band has had residency for 15 years. 

c) All bar equipment / fixtures are new or in good working order. 

 

3. Attached Cafe 

a) Leased to long term tenant. 

b) Seating capacity: 40 seats

c) All restaurant equipment / fixtures new or in good working order.  Reach in coolers and prep tables replaced within last year.  All owned by hotel. 

d) Eligible for liquor license.

 

4. Attached barber shop 

a) Leased to long term tenant. 

b) Only barber shop in town. 

 

5. Attached taxi stand. 

a) Leased to long term tenant. 

b) Only taxi stand in town. 

 

Possibility to combine sale with a five bedroom home in Merritt, BC, 5 minute drive from hotel. 

Priced right for right buyer



 
 
 
 
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Community Profile: Merritt

Thompson/Okanagan
Thompson-Nicola

Located at the intersection of the key major transportation routes in the province, the City of Merritt offers access to efficient transportation and distribution, to training facilities, to a youthful labour force, and to an urban lifestyle in a country setting

Statistics
Total Population 7,139
Median Household Income $62,544 ($CDN)
Closest Commercial Airport Kamloops Airport (94km)
Closest Ocean Port Port Metro Vancouver (263km)
Closest Major Centre Vancouver (263km)
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