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Well-Established Full-Service Hotel

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Annual Revenue: $3,500,000

Minimum Equity Required: $2,200,000

SDE: $510,000

Location: Saskatchewan

Industry: Hotel Motels Cottage

ID: 1347

Status: Sold

Description

A well-maintained full-service hotel operated by original owner. Built with an 80-seat restaurant, 117-seat sports bar, 435-person capacity for the conference 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 when the listing becomes live.

Financial Information

Annual Revenue and Net Operating Income:

2022
Revenue: $3,500,000
NOI: $510,000

2021
Revenue: $4,215,000
NOI: $1,295,000

2020
Revenue: $2,935,000
NOI: $395,000

2019
Revenue: $3,360,000
NOI: $460,000

* Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Operations

Site area: 2.54 acres
Building size: 68,629 sq.ft.

*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.

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

Complete NDA For Full Overview
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