Well-Established Inn with 90+ Rooms

Price: $3,790,000

Annual Revenue: $1,275,000

Minimum Equity Required: $1,520,000

SDE: $455,000

Location: Alberta

Industry: Hotel Motels Cottage

ID: 1385

Status: New

Description

This property, known for its commitment to comfort, service, and quality, offers a rare chance to acquire a reputable and well-established business in a sought-after location. It has complete, fully operational facilities and a leased restaurant.

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

Revenue:
2023: $1,275,000
2022: $1,030,000
2019: $1,110,000
2018: $1,470,000

Net Operating Income:
2023: $455,000

*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.

Operations

The building size is at 45,000 sqft. There were renovations made in the property in the year 2023.

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

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

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