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Established 2 Hotels In Watson Lake For Sale

Watson Lake, Yukon Territory, Canada
Asking Price:
$2,500,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,500,000 (CAD)
Cash Flow:
$3,500,000 (CAD)

Andreas Hotel and Dragons Den Hotel are owned and operated by one company located in Watson Lake, Yukon Territory.

Andreas Hotel is open year-round, and the Dragons Den Hotel is closed during the winter season.

We have 81 rooms, and we use some for staff.

We have a grocery store, a laundry mat, two bars, and two restaurants that are both open all summer. we just finashed extention on the store it is 5200 sq ft

We also have a liquor off-sale in the hotel.

We are located in the middle of town along the Alaska Highway (Highway #1), known to be the gateway to Yukon for travelers coming from the southern provinces of Canada and the US.

And around the world, to see the world famous sign Post Forest on the map in the pictures, there are 5 red balloons representing the businesses that are all in the sale.

we all just finished the expansion on the store; it is more than twice the size in 2024

We have a very high rate of tourists every year; at least 2 million tourists from around the world pass through Watson Lake every year, and we service over 1 million of them. Being the gateway to the Yukon, we have the Northern Lights Center and the world famous and historical Sign Post Forest.

Most travelers have to pass a gas station with a convenience store to get to there destination.

All businesses sold together for $3,500,000.00 firm

to see more, you must come to this location

Property Information

Real Estate:

Real Property Included

Living Accommodation:

we have staff houseing unit 12 rooms

Location:

Prime Commercial Land Area in the Middle of Watson Lake YT famously known as the Gateway to Yukon & the North. also home of the world famous sign post forest
yukon is with out a doubt the healthiest place on earth cleanest water and air in the world and mostly COVID19 FREE

Premises Details:

Must be seen in person large parking lots both sides of hotel can ask for video live walk around

Business Operation

Expansion Potential:

Expansion will be of ease as location is very business strategic with enormous potential earnings with all subsidiary ventures.

Competition / Market:

Not much. there is plenty of room for this company to grow; there is almost no competition in any field
Example : there is no pharmacy in town and there is a extremely big need for one. Andreas has the space to have one or the new owner can make a deal with the First Nations and get tons of work with the band for dragon construction This would bring in millions they dollars.

Reasons for selling:

Retiring getting to old to keep up place is to busy for us now
NO TIRE KIKERS PLEASE

Trading hours:

24 hour for hotel only

Employees:
14 and 20 in summer FOR 2 HOTELS
Years established:
Built in 1984 and Completely renovated in 2011 to 2013

Other Information

Support & training:

All staff are trained on site with a supervisor. We also do theYukon nominee program for foreign workers in house with no agents. A turn key operation is offered by the seller with prior respect to buyer's preference.

Financing available:

No

Furniture / Fixtures value:
$3,500,000 (CAD) - included in the asking price
Inventory / Stock value:
$190,000 (CAD) - included in the asking price