Updated Inn with Fully Operational Facilities
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Hospitality Business For Sale in Confidential, AB (Listing ID: 3861)
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Annual Earnings:
$550,000
Liquid Cash Invested:
$
Borrowed Amount:
$
Interest on Borrowed Amount:
%
Tagged Keywords
Updated Inn with Fully Operational Facilities
Description
This well-established inn is celebrated for its exceptional guest services, strategic positioning, and commitment to excellence. This inn has established itself as a cornerstone of hospitality within the region, attracting a diverse clientele through its doors. The opportunity to own such a reputable establishment is now available to those who value discretion, quality, and potential in their investments.
It consists of 35 rooms (10 of which are kitchenettes), and a 2-bedroom manager suite.
The sale is structured as an Asset Sale. 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.
Financial Information
Annual Revenues:
2023: $550,000
2022: $255,000
2021: $375,000
2020: $275,000
2019: $485,000
Net Operating Income:
2023: $275,000
Real Estate
Situated on 3 acres of land, the size of the building is at 12,000 sqft. The property is fully renovated.
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview
$1,290,000 CAD
Confidential, AB Hospitality Business For Sale Details
Independent
Legal Body:
Incorporated
Established In:
1978
Gross Revenue:
To Be Discussed
Annual Earnings:
$ 550,000
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.
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