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Hotel For Sale
Location: Canada -> Alberta
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

The Affordable Business Partner is Alberta's Leading Commercial Real Estate Introduction & Marketing Service. We specialize in introducing buyers, sellers and investors of businesses and commercial real estate in Alberta. Who can we introduce you to?

2 storey, 61 guest room, Northern Alberta Branded Hotel is now available for purchase.

Various Revenue Streams which are also well supported by the town's locals ensure a balanced cash flow for new owners include:

- Restaurant with 120 seats
- Lounge capacity of 80 seats
- Nightclub with 3 bars and 6 serving stations, 400 seat capacity
- VLT Lounge located within the lounge hosting 4 video lottery terminals
- Business Centre,
- Meeting and Banquet Room facilities,

The town is located on Major Northern Alberta Highway, which is well known as a destination hub for anyone traveling throughout Northern Alberta and serving the trading area of over 20,000 people as well.

Daily flights by a variety of airlines out of Edmonton ensure easy access to this property for an absentee owner.

This Hotel is in excellent condition and shows that this hotel is being operated by a family who cares. Owners have operated this property for over 30 years and are now in the process of retiring.

They will take the time to train new owners or managers to ensure a smooth transition and this property would make an excellent addition to an investment portfolio. Financing may be available with the buyer having a minimum of 30% downpayment.

Selling your business? Having difficulty in finding a buyer? Looking for an Investor? We offer many different options to help you. Find out how. Visit The Affordable Business Partner.com


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1990
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  Full
Reason For Selling:  Retirement




Print Listing Id: 700323404
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Alberta Businesses For Sale > Alberta Franchises For Sale



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