Boutique Canadian Hotel For Sale
Location Quebec,Canada
Asking Price Range $5.0M - $10.0M
Gross Revenues $1580000
Net Profit / Cash Flow $608600
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1998
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Description This four-star, four-story, 44-room boutique hotel for sale is located in downtown Quebec City in the new technology business district of Saint-Roch within walking distance of the old city. The hotel has an 82-seat restaurant; bar/lounge; 10 conference rooms with one seating 120; banquet facilities; elevators; business center; fitness center; and, parking. The room mix includes King Rooms and Suites as well as single and double Queen Rooms. Included in the sale is City approved plans for an additional three floors bringing the total potential room count to 77 rooms. Also, all units have their own cadastral number offering the possibility to be sold independently, if desired. This opportunity is available for $5,100,000 CAD.
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