Business for sale

Confidential address, Bear Creek Green Timbers, Surrey

$488,000 or
$488,000 or

Business for sale

Confidential address, Bear Creek Green Timbers, Surrey

Features

Lifestyle
224964982 488000 /en/business~for-sale~bear-creek-green-timbers-surrey/224964982?view=Summary /en/business~for-sale~bear-creek-green-timbers-surrey/224964982/photos 49.2545180000 -123.5811340000 true
Floor Area
5,635 sqft
Lot Size
7,792 sqft
Building Type
See Realtor Remarks
Zoning
RF
Amenities
Other
Major Business Type
Accommodation Travel & Tourism
Minor Business Type
Bed & Breakfast
Business Operating Since
2023
Confidentiality Agreement Required
Yes

Description

For sale: Bed and Breakfast Business business with a proven track record of stable, lucrative income and promising growth prospects. This opportunity includes a successful enterprise boasting an impressive 80% room occupancy for the remainder of the year. The seller offers a valuable consultancy service for three months post-sale, ensuring a seamless transition for the new owner. Income transfer upon sale completion and a favorable cap rate of around 5% further enhance the appeal of this investment. With substantial potential for increased profitability, this business represents an enticing opportunity for investors seeking a reliable and profitable venture. |Business can be sold with the property|. This Bed and breakfast offers 9 guest rooms.
MLS® Number C8059913

Listing REALTOR®

Sherri Cheung, REALTOR<sup>®</sup>

Sherri Cheung

REALTOR®

Renanza Realty Inc.

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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