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Updated 35 Room Motel

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Complete NDA for Full Overview

Price: $1,290,000

Annual Revenue: $550,000

Minimum Equity Required: $520,000

SDE: $275,000

Location: Alberta

Industry: Hotels, Motels, Camps and other Lodging

ID: 1386

Status: New

Description

This well-established inn is celebrated for its exceptional guest services, strategic positioning, and commitment to excellence. This inn has established itself as a cornerstone of hospitality within the region, attracting a diverse clientele through its doors. The opportunity to own such a reputable establishment is now available to those who value discretion, quality, and potential in their investments.

It consists of 35 rooms (10 of which are kitchenettes), and a 2-bedroom manager suite.

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 Revenues:
2023: $550,000
2022: $255,000
2021: $375,000
2020: $275,000
2019: $485,000

Net Operating Income:
2023: $275,000

Operations

Situated on 3.35 acres of land, the size of the building is at 12,000 sqft. The property is fully renovated.

Offers:
35 rooms with 10 kitchenettes
2 room managers suite

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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