Popular 49-Room Waterfront Motel

Alberta

Asking Price: $2,595,508 ($3,590,000 CAD)

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Business For Sale Details

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

Description
Amidst a thriving community, this 45-year old popular waterfront motel has 49 rooms (6 of which are kitchenettes). Renovations were made in the year 2022, updated the roofing, carpets, floorings, fixtures, and many more.

This property is not just a business; it's a gateway to a lifestyle that many yearn for but few achieve. With its prime location, this motel stands as a beacon for travelers seeking solace, adventure, and unforgettable memories.

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
Revenue:
2023: $1,065,000
2022: $775,000

Net Operating Income:
2023: $380,000

Real Estate
Located on 1 Acre of land, the property is well-maintained and has undergone renovations in 2022.

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 $2,595,508

Cash Flow $274,733

Sales $769,976

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

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