Spectacular Boutique Hotel Plus Commercial Units In Halifax

This recently opened hotel features premium, thoughtfully designed suites, each with its own personality, providing a unique guest experience in a great Halifax location. The hotel operates with a low service model and minimal staff are required for its operation.

The current owner is seeking a business partner to co-own the business and is offering an opportunity to purchase 50% of the shares of the business and enter into a shareholder agreement with the current owner with regard to management of the business and other conditions typically contained in a shareholder agreement. The current owner and the new partner can be compensated based on their respective contribution to the management of the business, as mutually agreed upon and outlined in the shareholder agreement.

The asking price for fifty percent of the shares of the business is $1.4MM. This is based on the appraised value of the real estate minus current debt outstanding.

The current owner believes this opportunity will be most suited to those with previous hotel or hospitality experience and strong business development and marketing acumen. Only qualified and experienced persons should inquire.