Hospitality for Sale — NE Salmon Arm, Salmon Arm, BC
$214,900
7220 36 Street NE, Salmon Arm, BC V0E1K0
Property details
Structured details
- Structure type
- Other
- Parcel ID (PID)
- 000-000-000
- Parking
- 1 space
- Water source
- Municipal water
- Sewer
- Municipal sewage system
- Heating
- Heat Pump
- Cooling
- Heat Pump
Listing Information
- MLS®
- 10316147
- Listed
- June 6, 2024
- Time on market
- 830 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
The charming, fully licensed Canoe Beach Cafe & Water Sports, a beloved establishment on scenic Canoe Beach overlooking Shuswap Lake, is now available for acquisition. This fantastic spot offers patrons a delightful experience, whether they are relaxing and enjoying the cafe's food, ice cream, and beverages, or venturing onto the lake with rented water toys. The business boasts a fully equipped gourmet kitchen, enabling the creation of meals and snacks throughout the day, with a specialty in Ice Cold Adult Bevies, Burgers, Lobster Rolls, Donairs & Poutine. On the rental side, kayaks, paddle boards, and hydro bikes are offered. This turnkey operation, encompassing the building, all equipment, and rentals, seamlessly blends waterfront fun and dining with the tranquility of a lakeside retreat. Nestled on a beautiful beach providing breathtaking lake views, it attracts a consistent flow of both locals and tourists. An expansive outdoor seating area provides the perfect setting for alfresco dining while enjoying stunning sunset views. The cafe has cultivated an established reputation, well-known for its delicious menu, excellent service, and vibrant community vibe. It demonstrates consistent revenue with strong profit margins and holds significant potential for future growth. The business benefits from loyal patrons and positive reviews on social media and dining platforms, further enhancing its appeal. Whether the prospective owner is an experienced restaurateur, someone seeking a fulfilling semi-retirement venture, or an investor looking to enter the hospitality industry, this cafe offers an exceptional opportunity to own a thriving business in a prime location, representing a true piece of paradise. Interested parties are encouraged to act now to make this charming licensed beach cafe their own. (id:63159)
Financing calculator
Estimate your monthly payment on the $214,900 asking price.
Financing details
- Monthly debt service
- $2,086
- Cash required at close
- $67,980
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Salmon Arm)
- Population
- 19,432(+9.7% since 2016)
- Population density
- 125.2/km²
- Median household income
- $75,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 18.7%
- Postsecondary below bachelor's
- 36.2%
- High school diploma
- 29.6%
- No certificate/diploma
- 15.5%
Population aged 15 and over.
Commute
- Car, truck or van
- 88.7%
- Public transit
- 0.9%
- Walked
- 7.2%
- Bicycle
- 1.5%
- Other
- 1.8%
Commute duration
- Under 15 min
- 64.0%
- 15–29 min
- 21.0%
- 30–44 min
- 6.7%
- 45–59 min
- 3.5%
- 60+ min
- 4.9%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Parks (1)
- Canoe Beach86m
Nearby places data: © OpenStreetMap contributors.
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All in Salmon Arm →Frequently asked questions
What is the asking price for this business?
The asking price is $214,900.
Where is this business located?
This listing is located in Salmon Arm, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.