Small Town Hotel w Liquor Store, Conv Store, Theater, Restaurant
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Hospitality Business For Sale in Rycroft, AB (Listing ID: 3244)
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Annual Earnings:
$300,000
Liquid Cash Invested:
$
Borrowed Amount:
$
Interest on Borrowed Amount:
%
Tagged Keywords
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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