Alberta Quality Inn for sale

  • Listing id
    jjlnnzsm
  • Categories
    Business / Commercial → Business For Sale
  • Asking price

    Open to offers

  • Quantity

    Not applicable

  • Tax
    Not applicable
  • Shipping & Handling

    Shipping to Canada only

  • Payment Terms

    Payment in advance only

    Seller accepts Cash on Delivery

  • Posted
    5 years ago
partner
Calgary, AB
Member since January 16, 2018
Please only contact the seller if you are interested in buying or bartering for this item. Spam and fraud will not be tolerated.
The Affordable Business Partner is a Commercial Real Estate Introduction & Marketing Company that enjoy relationships with thousands of Private Business Buyers & Sellers, Commercial Realtors & Brokers, Trust Companies and Private Equity Firms, in Alberta and throughout Western Canada.

This Northern Alberta Hotel was rebranded as Quality Inn & Suites in 2012

This 2 storey, 61 guest room hotel consisting of singles, doubles, one kitchenette, & four Jacuzzi suites. Most rooms have both interior and exterior access.

Total building square footage 51,680 sq. ft.

Various Revenue Streams which are also well supported by the town's locals ensure a balanced cash flow for new owners

• Restaurant with 120 seats
• Lounge capacity of 80 seats
• Nightclub with 3 bars and 6 serving stations, 400 seat capacity, with professionally programmed and installed sound & light show
• VLT Lounge located within the lounge hosting 4 video lottery terminals

• Other Hotel amenities
• Breakfast Room,
• Fitness Center,
• Business Centre,
• Meeting and Banquet Room facilities,
• Fiber Optic internet
• High Definition TV
• Choice Advantage PMS,
• Micros POS with 7 Terminals & "mymicros" technology
• 16 Cameras installed to monitor the property with remote

The town is located on Major Northern Alberta Highway, which is well known as a destination hub for anyone traveling throughout Northern Alberta and serving the trading area of over 20,000 people as well.

Daily flights by a variety of airlines out of Edmonton ensure easy access to this property for an absentee owner.

This Hotel is in excellent condition and shows that this hotel is being operated by a family who cares. Owners have operated this property for over 30 years and are now in the process of retiring.

They will take the time to train new owners or managers to ensure a smooth transition and this property would make an excellent addition to an investment portfolio.

This business is being offered at 5,400,000 and way below the bank appraisal of 6,000,000. Financing can be arranged with interested parties having a min. of 30% down payment.

Email us for additional information on this business. Selling your business? We offer our clients 4 different options to help. Find out how. The Affordable Business Partner