44-Room Motel with Thriving Restaurant and Lounge

Alberta

Asking Price: $1,511,034 ($2,090,000 CAD)

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Business For Sale Details

Listed on Apr 29, 2024(Renewed on Feb 28, 2025)

Description
This exceptional 44-room motel, featuring a fully operational restaurant and lounge is situated in a prime location that attracts both local and traveling patrons. This property offers a unique investment opportunity for those looking to enter or expand within the hospitality industry. With its comprehensive amenities and established reputation, this motel is a turnkey solution for success.

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 Revenue:
2023: $610,000
2022: $600,000

Net Operating Income:
2023: $335,000

Real Estate
The property is well-maintained and had major renovations in the year 2020 and 2015. The size of the building is at 17,985 sqft.

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 $1,511,034

Cash Flow $242,199

Sales $441,019

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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