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Upgraded Motel with 36 Rooms

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Complete NDA for Full Overview

Price: $2,990,000

Annual Revenue: $886,000

Minimum Equity Required: $1,200,000

SDE: $457,000

Location: Alberta

Industry: Hotels, Motels, Camps and other Lodging

ID: 1430

Status: New

Description

This property has been beautifully renovated and meticulously maintained.It features 36 rooms, including 33 kitchenette units, an executive suite with a king-sized bed, as well as a one-bedroom manager’s suite.

They also offer free breakfasts, a space for activities and a fitness facility.

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, fiscal year-end March 31:

2024
Revenue: $886,000
NOI: $457,000

2023
Revenue: $900,000
NOI: $481,000

Operations

The property is situated on 1.96 acres of land. There's also a dedicated parking space for trucks.

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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