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Full Service Country Inn In Central Alberta For Sale

Rocky Mountain House, Alberta
Asking Price:
$3,985,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,000,000 (CAD)
Cash Flow:
$500,000 (CAD)

Every once in a while you come across an exceptional property and business opportunity. This remarkable full-service country inn on 60 acres of premier land in Central Alberta is one such gem.

An easy drive from all three of Alberta’s largest cities, The Prairie Creek Inn is a major player in Alberta’s tourism and accommodation marketplace. It has become known as a choice destination for discerning couples, groups and individuals who want to getaway to a beautiful setting, and not travel far to do it.

Guests love to luxuriate in the Inn’s 16 well-appointed suites and cottages, relish the restaurant’s delicious regional cuisine and immerse themselves in the beautiful natural creekside setting.

That’s not all guests do at The Prairie Creek Inn. They come back, year after year! The Inn boasts a huge repeat and referral rate of raving fans who prefer it to the crowded mountain park destinations.

The property has 10 buildings totalling 17,157 square feet. They include 6 self contained cottages, the Main Inn with 7 spacious suites, the 50-seat restaurant and executive meeting centre, the Coach House with its 3 suites and staff residence, and 2 garages. Most have been constructed within the past 6 months to 13 years and boast exceptional design and finishing in keeping with some of Canada’s best resorts and getaway destinations.

Now in its 13th year of operation, this well-run business earns revenues of $1 million and growing, an enviable $266 ADR and a 11% cap rate. Better yet, the business is positioned for immediate expansion with development permits and the necessary infrastructure already in place.

This property is indeed a dream buy for the astute lifestyle entrepreneur, investor, developer or hotelier looking for an outstanding turnkey business to dominate the Central Alberta tourism marketplace and reap an excellent ROI

If interested, please contact the seller through the form on this page.

Property information

Real Estate:

Real Property Included

Living Accommodation:

1,200 sq ft owner's residence on site with 2 bedrooms and 1 bathroom plus a 600 sq ft 1-bedroom apartment for staff residence, both located in the Coach House Building.

Location:

17 km S of Rocky Mountain House, 2 hrs from Calgary & Edmonton, 1 hr West of Red Deer

Premises Details:

The business is located on 60 acres of beautiful recreational land in the new David Thompson Country tourism region in West Central Alberta. The area features the renowned Rocky Mountains to the west and a plethora of beautiful landscapes, rivers and streams, forests, trails, fishing and recreational activities that attract thousands of tourists annually.

The property borders Prairie Creek, a popular fishing stream, and features 10 well designed quality constructed buildings totalling 17,157 sq ft from 6 mos to 12 years old. They include 6 self contained cottages, 9 luxury suites, 1 apartment for staff accommodation and owner's residences. All units have fireplaces, private decks/balconies, bathrooms and upscale decor.

Business Operation

Expansion Potential:

Development permit in place to build 2 more cottages.

Competition / Market:

None in immediate area. Positioned highly in the Alberta marketplace as "one of Canada's top 10 romantic getaway destinations" (CBC).

Reasons for selling:

Retirement

Trading hours:

Open year round

Employees:
8 - 12
Years established:
13 years in operation

Other Information

Support & training:

Owners willing to provide up to 3 months support and training

Financing available:

Possible owner financing available

Website:
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