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Hotel In Greater Vancouver For Sale

Richmond, British Columbia, Canada
Asking Price:
$36,000,000 (CAD)
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$500K - $2.5M (CAD)

70 rooms economical franchisee hotel is ideally located in the heart of the city, just 10 minutes from the Vancouver International Airport, 30 minutes from the United States border and 20 minutes from downtown Vancouver and the BC Ferries.
Also it is nearby major regional hospital.
Several beaches and golf courses are minutes away. The location of the hotel makes it convenient to fine dining restaurants and shopping centers.

Many unique historic sites, parks, cultural, entertainment and superb recreation facilities are located in the area. Nearby is a Village area which offers unique excursions for travelers of any age. Whether your pleasure is sports, sightseeing or shopping, there is something here for everyone to enjoy.

Hotel amenities and features include:

Free airport transportation
Free underground parking
Free local calls
Free continental breakfast
Free weekday amenities
The delicious, free continental breakfast features freshly baked pastries delivered each morning from a local bakery, bagels, toast, cereal, fresh fruit, coffee, tea, juice and more.

Business travelers will appreciate conveniences like high-speed Internet access on the property and access to copy and fax services. The meeting room accommodates up to 12 people.

All guest rooms are sleek, contemporary in design and elegantly custom furnished. They are all equally suited for relaxation and reflect a welcoming feeling of home. This Richmond hotel features in-room luxuries like air conditioning, personalized voice mail, hair dryers, coffee/tea makers, irons, ironing boards, cable television, pay-per-view movies and private bathrooms. Non-smoking rooms are available.

The hotel offers the best comparative rates for outstanding hotel accommodations. It is specially designed to serve the needs of families, business travelers, weekend getaways, leisure travelers and extended-stay guests

Property Information

Real Estate:

Real Property Included

Living Accommodation:

not applicable

Location:

Lower Mainland Greater Vancouver Richmond BC

Premises Details:

Motel with over 70 rooms

Size in square feet:
25,000
Planning Consent:

City authority

Business Operation

Expansion Potential:

more rooms can be added in future.

Competition / Market:

Hotel and motels in the area

Reasons for selling:

new business plans

Trading hours:

24-7-365

Employees:
12
Years established:
25

Other Information

Support & training:

2 weeks

Financing available:

Buyer to arrange own financing, no seller financing available.

Furniture / Fixtures value:
$1,000,000 (CAD)
Inventory / Stock value:
$750,000 (CAD)

Contact Karim Merali

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