Investment Opportunities

3&93 Dairy Bar + residence

PRICE REDUCED! WORK 4 1/2 MONTHS PER YEAR & TAKE THE WINTER OFF! – The 3&93 Dairy Bar is a take out only restaurant open from Mid-May to Mid-September that has received numerous awards over the years for being one of the “Best Places to Eat and Drink in the Kootenays”. This iconic, popular summer business has been operating since 1964 (55 years) and has built tremendous goodwill. Currently a single person ownership that offers a great return on investment with 9% cap rate and, with no zoning bylaws, there’s plenty of opportunity for growth. Imagine what a family could do. Underground power, septic and water systems were all designed with future business expansion in mind. Equipment has been well maintained and serviced. Excellent location with 250 feet of highway frontage at junction of Hwy 3 and 93 to US and several destination tourism areas including #LakeKoocanusa and #KikomunProvincialPark. Situated on .844 acres unzoned land.  Purchase now to be ready for the upcoming summer season. Current owner with 25 years experience will assist with opening startup and provide transition training if required.   Key employees are available to work with the new owner for the upcoming summer season. INCLUDES BRIGHT & CHEERY 3 BEDROOM HOME 1200 sq feet! – Wall to wall windows flood the living room with light. Large kitchen and adjoining dining room provide plenty of space for family and friends to gather. After a busy day, there’s lots of privacy outside to relax and enjoy the peaceful mountain views, or pop over to one of the many lakes to unwind.     Enquiries welcome from financially qualified buyers only. East Kootenay Community Credit Union in Cranbrook requires a minimum 25% down payment. ie: $248,750 in order to qualify for a mortgage. Don’t miss your chance to own this landmark business. SURROUNDED BY RECREATION – Located at the centre of many opportunities… world class skiing at Fernie, Kimberley or Whitefish; fishing and water sports on Lake Koocanusa; Kikomun Provincial Park (Surveyors Lake) offers awesome swimming beaches; Baynes Lake itself with their amazing Summer Market; and numerous golf courses. Located only 3.5 hours from Calgary, 20 minutes from Fernie and 40 minutes to Cranbrook. Only 25 minutes to the US border also makes this a great location to head into the US for shopping and recreation.  SEE OUR LISTING FOR MORE DETAILS

Date Posted:
Elk Valley, BC
Price: $995,000
Opportunity Types:

Buying a Business

5251 Junction Road, Elko, BC, V0B1T3
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