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44-Room Motel with Thriving Restaurant and Lounge

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Complete NDA for Full Overview

Price: $2,090,000

Annual Revenue: $610,000

Minimum Equity Required: $840,000

SDE: $335,000

Location: Alberta

Industry: Hotels, Motels, Camps and other Lodging

ID: 1384

Status: New

Description

This exceptional 44-room motel, featuring a fully operational restaurant and lounge is situated in a prime location that attracts both local and traveling patrons. This property offers a unique investment opportunity for those looking to enter or expand within the hospitality industry. With its comprehensive amenities and established reputation, this motel is a turnkey solution for success.

The sale is anticipated to be an Asset sale.

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:
2023: $610,000
2022: $600,000

Net Operating Income:
2023: $335,000

Operations

The property is well-maintained and had major renovations in the year 2020 and 2015. The size of the building is at 17,985 sqft.

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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