- Boutique Hotel with 12 luxury Suites
- 100yr Building fully renovated & modernized
- Full kitchens, laundry in every Suite
- Great downtown Location
- Close to restaurants, walking and cycling paths, arena, cinema, ski hill, snowmobile trails
- Loyal corporate / repeat clients
- Best online reviews in 300km radius
- Includes all equipment and commercial on premise laundry
- Tech Savvy Business generating 61% of all bookings directly (avoiding high OTA costs)
- Electric Car Charging Station
- Automated Check-in / Check-out
- All Real Estate, Fixtures & Fittings, Inventory included in Sale
- Owner Retiring
- Asking Price:
- $2,400,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $400,000 (CAD)
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Real Property Included
- Living Accommodation:
-
Large 2nd floor suite with high end kitchen( commercial fridge freezer built in, custom stainless steel countertops, 36 inch induction stove top, built in wall oven, walk-in pantry, fully tiled bathroom, walk in shower, soaking tub, heated floors, great river views and triple pane windows. Insulated 2 car garage under the suite with stairs from the kitchen. Wood floors, contemporary design.
- Location:
-
1.6 kms from busy highway exit, bussling downtown location, plenty of private parking . River views close to walking and cycling paths. Walking distance to 4 high end restaurants.
- Premises Details:
-
2 seperate buildings with a central parking lot. Storefront space with busy cafe(tennant), Outdoor gazebo overlooking the river(seats 12) 11 corporate suites(full kitchens include fridge freezer, dishwasher, washer dryer,large smart tvs, high end queen and king beds and a manager's suite (1 or 2 bedrooms, attached 2 car garage) gourmet kitchen great views. Both buildings are soundproofed, well insulated and newly designed renovated to exacting standards. All of the renovation was done between 2018 and 2022.
- Planning Consent:
-
All renovations have been permitted and approved by the planning commission and local fire department.
Business Operation
- Expansion Potential:
-
The manager's suite can be transformed into a 2 bedroom corporate suite and would increase revenue by 9%, Running expenses can be significantly lowered by taking on some of the work. Possibility of taking over the cafe and expanding that business as your own, increasing off season occupancy by offering group packages( already in the process)
- Competition / Market:
-
There are many larger cookie cutter hotels in the area since this location is a natural stopover destination. We have built a loyal and ever growing client base and have better reviews than all of the other hotels. 9.5/10 booking, 4.9/5 google, 5/5 Expedia.
- Trading hours:
-
Self check in property. Automated phone and email communications
- Employees:
- 3-6
- Years established:
- 7yrs
Other Information
- Support & training:
-
Would be open to a 1 month or longer training period as needed.
- Furniture / Fixtures value:
- $120,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $40,000 (CAD) - included in the asking price
- Home based:
- This business can be run from home.
