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Listed by:

QUAD.5555 Inc. / Tim Anderson

Excellent Motel South Alberta Guests And Long Term For Sale

Southern ALberta, Alberta, Canada
Asking Price:
$1,200,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (CAD)
Cash Flow:
$100K - $250K (CAD)

This traditional 27 unit motel has done well through Covid and beyond by utilizing the long term stay option in addition to regular visitor business.

There is accommodation on site.

The owner is very approachable and can show how both methods can work.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

There is an independent house on site of approximately 1000 Sq Ft. It has two bedrooms and is currently rented. There are also 2 bedroom owner's quarters as well.

Location:

The Motel is located on the re-enlivened main street of a town in Southern Alberta.
Just a bit west of the motel, the street has been restored to its former small town glory.

Premises Details:

There are effectively two homes on-site along with the motel rooms. The owner has renovated most of the property and most or all of the rooms accommodate normal accommodation in addition to nightly stays.

Business Operation

Expansion Potential:

Possible

Reasons for selling:

Retirement

Trading hours:

9:30 - 10:00 pm hours. The motel has been available for late check-in but is financially viable to a successful level such that the owner at this time can keep regular hours.

Employees:
Owner and housekeeping as required
Years established:
1960's (TBD)

Other Information

Support & training:

The owner will provide some training and support as necessary.

Furniture / Fixtures value:
$50,000 (CAD) - included in the asking price
Inventory / Stock value:
$1,000 (CAD) - included in the asking price