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Hospitality Business For Sale in Rycroft, AB (Listing ID: 3244)

Hospitality
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Annual Return On Equity Calculator

Annual Earnings:

$300,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Small Town Hotel w Liquor Store, Conv Store, Theater, Restaurant

Hospitality Rycroft, AB

$2,500,000 CAD

Independent

Hospitality

Small Town Hotel w Liquor Store, Conv Store, Theater, Restaurant

This business is newly renovated, and is TURN-KEY and comes with 2 months of management training

Foreign Investors can easily immigrate to Canada:
https://www.immigration.ca/buy-a-business-and-move-to-canada-immigration-program

We are willing to finance the business to the right qualified couple if there is a reasonable down payment, or valued collateral.

The Hotel has many streams of income, but is set up so that it does not require a bunch of employees to run it.

The liquor store is very stable, and paid the bills while everything else was shut down during the COVID LOCKDOWN.

A family of 4 adults could easily run this business all on their own.

The business is the only store/restaurant located near the town's residents & is right across from the post office on main street, next to the bank and co-op.

The business has been growing every month since renovations and upgrades have been made, and the meat shop and virtual reality gaming room is growing a steady new customer base.

Winter is busy for oilpatch.

$2,500,000 CAD

Rycroft, AB Hospitality Business For Sale Details

Independent

Company Name:

Rycroft Hotel

Legal Body:

Incorporated

Established In:

1976

Last Year of Completed Statements

2021

Gross Revenue:

$ 650,000

Annual Earnings:

$ 300,000

Land/Building Included:

Yes

% of Business Selling:

100%

Reason for Sale:

Retirement

Financing Available:

Yes

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

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