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80+ Room Limited Service Hotel

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Complete NDA for Full Overview

Price: $9,500,000

Annual Revenue: $2,856,000

Minimum Equity Required: $3,800,000

SDE: $1,641,000

Location: Alberta

Industry: Hotels, Motels, Camps and other Lodging

ID: 1431

Status: New

Description

This is an opportunity to own a prominent 80+ room limited service hotel with kitchenettes and complimentary breakfast for each stay. It is strategically located in the heart of a community that has the third largest population base in Alberta. Entrepreneurs are common in the area with the continuously growing economy in the oil and gas sector.

The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions.

Financial Information

Annual Revenue and Net Operating Income, with year-end December 31:

2024 (January 1 until September 30)
Revenue: $2,040,000

2023
Revenue: $2,856,000
NOI: $1,641,000

2022
Revenue: $1,976,000
NOI: $932,000

Operations

The property is situated on 2.42 acres of land, with building size of 42,500 sq.ft.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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