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Hotel for sale - Offering in Edmonton, Alberta

Posted on: 26-Jun-2018 16:48         Views: 176

The Affordable Business Partner is a Commercial Real Estate Introduction & Marketing Company that connects buyers and sellers of business and investment opportunities in Alberta and throughout Western Canada.

This Northern Alberta Hotel was rebranded as Quality Inn & Suites in 2012. This 61 guest room 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 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• Breakfast Room, • Fitness Center, • Business Centre, • Meeting and Banquet Room facilities.

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.

Selling your business? Having difficulty in finding a buyer? We offer 4 different selling options with one goal in mind. Finding qualified buyers for your business. The Affordable Business Partner
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