Restaurant & Bar, 9 bed Real Estate Included

Canby, CA
Modoc County

22415 Hwy 299


Asking Price: Annual Revenue:
$400,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant & Bar, 9 bed Real Estate Included Broker: Seller of Business
License #: 01310250

Quick Facts

Asking Price: $400,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1937
Employees: Not Disclosed
BBN Listing #: 707511533
Broker Reference #: 3692

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Business Overview:

10% Down - Sba Preapproved - Real Estate Inc - 9 Beds, Restaurant & Bar - Abc Type 47 & 21 Licenses.

RRC#: 3692
Asking Price: Offered At $400,000
Location: 22415 Hwy 299, Canby, CA 96015
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Monthly Rent: Real Estate Included

Listing Description:
SBA pre-approved for long term 25 year loan with just 10% down for this 9 bedroomed B&B Inn which includes 2 high value ABC licenses, a type 47 hard liquor license and an off sale (Inter-county) type 21 license. The bar, restaurant and nicely appointed rooms are fully equipped and located on a major Hwy in an area perfect for a comfortable country living lifestyle. Build your own business and reputation around this Historic Inn. The business is currently open on very limited hours but a savvy new owner/operator could re-invent this once popular Inn and enjoy a steady income while living in a beautiful location with views of National Forest Land. The town of Canby is located on a bustling tourist highway en-route to the many Lakes and National wildlife refuge and close to the Oregon border and Klamath Falls. At an elevation of 4,300 feet there are breathtaking views to enjoy while making your living in comfort and style. The main Hotel, bar & Restaurant is 6,000 square feet with 9 nicely appointed bedrooms and a hard liquor license bar and restaurant. The property and business is per-approved for 90-% SBA financing for well qualified experienced buyers with good credit. The bar has 12 bar stools and 30 seats and pool table with a comfortable dining room for 30. The kitchen is fully equipped with an 8ft type 1 hood with fire suppression system, 2 deep fryers, a flattop stove with burners and oven. A refrigerated worktop and ample prep tabling with microwave and undercounted dishwasher complete this very useable space. The business with real estate for the price of $400,000. By utilizing some of the bedrooms this could be your home as well or you could convert the next door storeroom into the owners accommodation and leave this 9 bedroomed B&B Inn, Bar and Restaurant for your income and enjoyment. Please complete the ‘Non Disclosure Agreement’ on our website and we’ll send you the list of equipment included with the purchase. We’ll also send you the Broker’s contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Sole Proprietorship
Established: 1937
Current Owner: 2008
Employees:
Reason For Sale: Retirement
Financial Information: Contact for Info

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Property Features and Assets:

Parking: ample; Square Feet: 6,000.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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