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Great Motel For Under $900,000 For Sale

Confidential, Alberta, Canada
Asking Price:
$895,000 (CAD)
Sales Revenue:
$250,000 (CAD)
Cash Flow:
$100K - $250K (CAD)

This is well renovated 21 unit motel on a busy highway in Alberta. It includes a 3 bedroom living residence for the owner or manager. In the interests of operation and staff, the property is being offered STRICTLY confidentially. IE We will need to discuss with you how you can "preview" the motel to help assess your interest.

THIS IS A STOCK PICTURE NOT OF THE ACTUAL MOTEL. This picture is not as attractive as the motel that is on offer herein.

It performs well financially and the owners are prepared to provide a vendor first mortgage for a qualified buyer with approximately 50% down.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

3 bedroom full living quarters

Location:

Beautiful Alberta mountain location on a busy highway. There are tourist attractions throughout the area.

Premises Details:

The property was acquired in the last few years and fully renovated to an excellent condition and has a very high 4.6 out of 5 rating. This speaks to the renovations and also the excellent on-site manager.

Size in square feet:
TBD

Business Operation

Expansion Potential:

The land area is large enough to accommodate some expansion and/or the owner has an adjacent lot available for purchase.

Competition / Market:

There are only about five hotels and motels in a relatively broad area.

Reasons for selling:

The owners have a very successful business in a location that is not close to the motel. As relatively easy as it has been to operate with their very competent manager, it is still a distraction from their normal business,

Trading hours:

Motel - manager always available for check-in.

Employees:
1-5 depending on the time of year.
Years established:
estimated 1970's

Other Information

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

Vendor financing may be available for a qualified purchaser with approximately 50% down.

Contact QUAD.5555 Inc. / Tim Anderson

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