Waterfront, A fully renovated money-making machine, a 16-room hotel, a bar with 11 VLT machines, a liquor store, and a restaurant are for sale. It is recession-proof with 4 income streams. This is the only hotel in the town.
The Sheridan Lawrence Inn, located in Fort Vermillion, Alberta, offers a prime location on Main Street with a water view and a proven track record of success. Well established for 40+ years in business. The solid concrete building and metal roof have been well maintained.
- Asking Price:
- $750,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $500K - $1M (CAD)
- Cash Flow:
- $250K - $500K (CAD)
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Waterfront prime Main Street, hwy connecting to NWT.
Business Operation
- Competition / Market:
-
Only hotel, bar with VLT machine in town, no competition!
- Reasons for selling:
-
Owner moving to BC
- Employees:
- 5
- Years established:
- 40+
Other Information
- Support & training:
-
full training will be offered
- Furniture / Fixtures value:
- $150,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $25,000 (CAD) - included in the asking price
