100-Room Limited Service Hotel
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Hospitality Business For Sale in Confidential, AB (Listing ID: 3920)
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Annual Earnings:
$2,640,000
Liquid Cash Invested:
$
Borrowed Amount:
$
Interest on Borrowed Amount:
%
Tagged Keywords
100-Room Limited Service Hotel
Description
This 100-room limited service hotel was built in 2015, is in very good condition, and has complimenting amenities including waterslide pool, lounge, fitness room, business centre, and meeting rooms.
There is an opportunity to change the branding of the property, which may support enhanced demand, given it's prime location to a major highway.
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 Revenue and Net Operating Income:
2023
Revenue: $2,640,000
NOI: $785,000
2022
Revenue: $1,980,000
2021
Revenue: $1,730,000
Real Estate
Site Area: 1.96 acres
Property is serviced with town sewer and water.
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview
$10,270,000 CAD
Confidential, AB Hospitality Business For Sale Details
Independent
Legal Body:
Incorporated
Established In:
2015
Gross Revenue:
To Be Discussed
Annual Earnings:
$ 2,640,000
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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