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Alberta Hotel for sale

Listed In Category: Business / Commercial > Business For Sale
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Ad Information
Classified Id LEPKQVNB
Asking Price Seller is open to offers
Quantity Not applicable 
Tax Taxes are not applicable
Shipping & Handling
Seller will ship to Canada Only
Shipping cost is not applicable
Payment Terms
Payment in advance only
Seller accepts:
Cash On Delivery (COD)  
Posted Date25-May-2018 11:43:12 AM EST
Expiration Date 24-Jul-2018 11:47:45 AM EST
Seller Information
Partner member since 16-jan-2018
View Calgary Classifieds Calgary, Alberta, Canada
The seller is no longer accepting offers for this item.
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Classified Details
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 61 suite Quality Inn & Suites Hotel is located on a Major Northern Alberta Highway, which is well known as a destination hub for anyone traveling throughout Northern Alberta. Present owners have operated this property for over 30 years and are now in the process of retiring.

Owners will take the time to train new owners or managers to ensure a smooth transition. 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.

This business offers owners various revenue streams which are also well supported by the town's locals ensure a balanced and consistent cash flow for new owners

Hotel amenities include
•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

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
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