It has been determined that the owner/seller has met our qualification standards of being an established, profitable, and bankable business. This is the starting point of our SCS system, that has proven to deliver results three times or more industry standards and helps those we work with experience our mission of receiving the highest customer satisfaction ratings in North America. To obtain a thorough overview of this business, hit the CONTACT SELLER button. Once completed, you will receive an automated email from our system that will provide you with a link to complete a Non-Disclosure Agreement (NDA).
Description
This 100-room limited service hotel was built in 2015, is in very good condition, and has complimenting amenities including waterslide pool, lounge, fitness room, business centre, and meeting rooms.
There is an opportunity to change the branding of the property, which may support enhanced demand, given it's prime location to a major highway.
The sale is anticipated to be an Asset sale.
By completing the NDA and becoming adequately qualified, you will be be sent a full Offering Memorandum that will answer most, if not all, of your questions.
Financial Information
Annual Revenue and Net Operating Income:
2023
Revenue: $2,640,000
NOI: $785,000
2022
Revenue: $1,980,000
2021
Revenue: $1,730,000
Operations
Site Area: 1.96 acres
Property is serviced with town sewer and water.
