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Super Eight Hotel Leased Restaurant Unbelievable Price Stettler For Sale

Stettler, Alberta, Canada
Asking Price:
$2,350,000 (CAD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This is a 48 unit Super 8 with a separate leased restaurant and bar on 1.18 acres. The owner is consolidating his hotels in his own province and divesting himself from Alberta. The property is in excellent shape.

Please do not contact or approach the hotel without my associate or myself in attendance. The owner is very sensitive to his staff. Thank you.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

2 bedroom suite above the offices.

Location:

On a main street (Highway 56) in this lovely rural community in Alberta

Premises Details:

The 48 room hotel was significantly improved upon purchase several year ago and is in great condition. It is stand alone with the restaurant and bar in a separate on-site building. The current owner is a successful hotelier with his other properties in a different province. He simply wants to focus on his home province properties.

Business Operation

Expansion Potential:

Since the land area is 1.18 acres, there may be other opportunities for expansion, especially in and around the restaurant/bar.

Competition / Market:

There are several other hotels in Stettler but this is one of the best flagged properties.

Reasons for selling:

Owner wishes to consolidate his operations to his home province.

Contact QUAD.5555 Inc. / Tim Anderson

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