Icon-facebook-2 Icon-instagram-1 Linkedin Icon-youtube

Upgraded Motel with 36 Rooms

Back to Listings
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 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 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
Share with the world

Leave a Reply

Your email address will not be published. Required fields are marked *

© 2024 Gateway Business Brokers Group. All Rights Reserved.

Icon-facebook-2 Icon-instagram-1 Linkedin Icon-youtube
Scroll to Top