This 23 room themed motel is in an attractive small town in Alberta along an extremely busy highway. The town has its own attractions and solid local businesses. It also includes a manager suite. Very Important: The owner is prepared to carry some First Mortgage to a qualified buyer.
- Asking Price:
- $795,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $250K - $500K (CAD)
- Cash Flow:
- $250K - $500K (CAD)
Property Information
- Real Estate:
-
Real Property Included
- Living Accommodation:
-
Manager Suite
- Location:
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Prime Location on a very high traffic highway.
- Premises Details:
-
The current owner has a western theme throughout the property. He has owned and managed large hotels and has enjoyed this particular motel as it is very easy to manage with trusted staff.
Business Operation
- Expansion Potential:
-
There is expansion potential but it is not defined at this time.
- Competition / Market:
-
There are three motels and one hotel. Two others are similar in vintage.
- Reasons for selling:
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Retirement
- Trading hours:
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Hotel Operation so it is accessible at all times at the owner's discretion.
Other Information
- Support & training:
-
The owner will supply initial training on the property. This is not complicated as the motel is easy to operate.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
The owner will consider some financing for a qualified buyer.
