Southwest Saskatchewan Hotel & Motel Expanded In 2008 For Sale

Business description

Recently expanded hotel/motel property generating excellent cash flow located in the growing and diversified economy of southwest Saskatchewan.

20 hotel/motel rooms and 4 hotel suites located on property with plenty of parking and excellent visibility.10 unit motel was added to the property in 2008.

The hotel rooms and suites have all been recently remodeled and upgraded.

The property alsoincludes a very popular restaurant and pub (not included in the asking price) that is also available for sale. The restaurant has 60 seats while the pub has 144 seats and 5 VLT's.

Property information

Real Estate:

Real Property Included

Living accommodation:

The current owners live in the managers suite.

Location:

This hotel/motel property is located in a growing and prosperous community in southwest Saskatchewan. The property has 200 feet of frontage and excellent visibility.

Premises details:

The original hotel was built in 1928 with additions in 1961 and 2001. The 10 unit motel was built and added to the property in 2008.

The current owners have invested on a continual basis to ensure the original property is well maintained and all hotel rooms and suites have been recently modernized and upgraded.

Size in square feet:

12,600 (3,800 is occupied by the Restaurant and Pub)

Other information

Support & training:

Owners will provide training.

Reasons for selling:

Owners are retiring.

Trading hours:

Seven days a week.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Furniture / Fixtures value:

$100,000 (included in the asking price)