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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site. Businesses For Sale   >>   British Columbia Businesses For Sale Categories   >>

Two Side By Side Motels For Sale On Highway 97 Location  British Columbia,Canada Asking Price Range  $2.5M - $5.0M Gross Revenues  $883000 Net Profit / Cash Flow  $207000 Cash Flow Type  Sellers Discretionary Cash Seller Finance  No Year Established  1985 Number of Employees  6 - 9 Relocatable  No Number of Employees  6 - 9 Real Estate  Owned Description  The Recreation Inn and Ponderosa Motel are located on a prime location in Kelowna, B.C. on Highway 97; the main corridor running from North to South through the Okanagan Valley. The property has access from the highway and is centrally located at the intersection Spall Road and Highway 97 close to Spall Plaza, Orchard Plaza, Orchard Park Mall, Kelowna Golf & Country club, Parkinson Recreation Centre, Restaurants, The Apple Bowl, etc. The Recreation Inn offers 50 rooms, Seasonal outdoor pool, Year-round hot tub & sauna, Barbeques and covered picnic tables, Guest laundry facilities, iron & ironing boards, Ice machine & pop machine, 24-hr guest reception services, High-speed internet computer in motel lobby, Photocopier & fax services available and free parking. The Ponderosa Motel has 125.3 feet highway frontage including 17 units. This part of the property is not fully utilized and has a redevelopment potential by changing existing motel into 6 storey hotel tower with main lobby, conference rooms plus underground parking and tie-in with existing motel. Asking price $4,990,000. For more information on these Motels for sale, please email or call Bert TerHorst at 250-317-7346 Click Here To Contact Seller      For more business opportunities like this go to: http://www.globalbx.com

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