All-in-One Full Service 138-Room Hotel, Restaurant, Liquor Store
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Hospitality Business For Sale in Confidential, AB (Listing ID: 3351)
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Annual Earnings:
$4,190,000
Liquid Cash Invested:
$
Borrowed Amount:
$
Interest on Borrowed Amount:
%
Tagged Keywords
All-in-One Full Service 138-Room Hotel, Restaurant, Liquor Store
For sale is a well-maintained, full service, non-franchised hotel that consists of 138 rooms: main building, 67; lodge, 35; other, 36.
The total number of rooms with kitchenettes are 60, 18 of which are occupied full-time by long-term emergency medical & safety crews. In this town, kitchenettes are on high demand. This business has several advantages as it operates in a high traffic area.
Included in the business are:
- Leased restaurant, lounge (with 4 VLTs) and liquor store.
- Coin laundry (with 7 washers and 8 dryers) with an income of $50,000/year.
The sale is structured as an Asset Sale. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
$13,950,000 CAD
Confidential, AB Hospitality Business For Sale Details
Independent
Legal Body:
Incorporated
Established In:
1962
Gross Revenue:
To Be Discussed
Annual Earnings:
$ 4,190,000
Land/Building Included:
Yes
% of Business Selling:
100%
Reason for Sale:
Retirement
Financing Available:
No
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
Buyer's networth must be greater than $5,580,000.00
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