Updated Inn with Fully Operational Facilities

Alberta
Asking Price: $932,648 ($1,290,000 CAD)
Business For Sale Details
Listed on May 17, 2024(Renewed on Feb 28, 2025)

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

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Financials (USD)

Asking Price $932,648

Cash Flow $198,820

Sales $397,640

Converted From CAD

Exchange Rate $0.72

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

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