It has been determined that the owner/seller has met our qualification standards of being an established, profitable, and bankable business. This is the starting point of our SCS system, that has proven to deliver results three times or more industry standards and helps those we work with experience our mission of receiving the highest customer satisfaction ratings in North America. To obtain a thorough overview of this business, hit the CONTACT SELLER button. Once completed, you will receive an automated email from our system that will provide you with a link to complete a Non-Disclosure Agreement (NDA).
Description
This is an opportunity to own a prominent 80+ room limited service hotel with kitchenettes and complimentary breakfast for each stay. It is strategically located in the heart of a community that has the third largest population base in Alberta. Entrepreneurs are common in the area with the continuously growing economy in the oil and gas sector.
This is an Asset Sale. By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions.
Financial Information
Annual Revenue and Net Operating Income, with year-end December 31:
2024 (January 1 until September 30)
Revenue: $2,040,000
2023
Revenue: $2,856,000
NOI: $1,641,000
2022
Revenue: $1,976,000
NOI: $932,000
Operations
The property is situated on 2.42 acres of land, with building size of 42,500 sq.ft.
