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Historic Hotel, Pub, Restaurant In Economic Boom Town For Sale

Merritt, British Columbia
Asking Price:
$815,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$100K - $250K (CAD)

Merritt is set to see a huge economic boom in the coming year. 4 large scale cannabis facilities to create 500 plus jobs in the valley, & 3 multi family housing developments approved for construction this year.

Right in the heart of the “Country Music Capital of Canada”, surrounded by “The Walk of Stars” & “Walk of Stars Murals” & half a block from the “Canadian Country Music Hall of Fame”. Several large annual music festivals have put Merritt on the map, and the Hotel is in the heart of the downtown.

Iconic 3 storey building opened in 1910 on prime downtown property that houses 36 long term rental suites, 100+ seat restaurant, 160 seat pub, and 120 seat banquet room.

Plenty of room for owner/manager living space.

Idyllic Country and small town living situated at the hub of 3 major highways. All travellers to and from the interior, the Okanagan, and the lower mainland travel through Merritt. Live in a small town with easy access to larger centers: Kamloops 45 min, Kelowna 1h, USA boarder 2 hr, Vancouver & Lower Mainland 2 ½ h.

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

36 long term rental suites

Location:

Prime Corner of downtown intersection

Premises Details:

Opened & in continual operation since 1910. 100+ seat restaurant, 120 seat banquet room, 150+ seat pub

Business Operation

Trading hours:

7am-2am

Employees:
15
Years established:
119

Other Information

Inventory / Stock value:
$20,000 (CAD) - included in the asking price
Website:
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