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Businesses For Sale   >>   Saskatchewan Businesses For Sale

Hotel / Motel - Expanded In 2008

Location  Saskatchewan,Canada
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $360000
Net Profit / Cash Flow  $150000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1928
Number of Employees  1 - 3
Inventory  100000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Owners will provide training.
Reason for Sale  Retirement.

Description  Recently expanded hotel/motel property for sale, generating excellent cash flow located in the growing and diversified economy of southwest Saskatchewan. 20 hotel/motel rooms and 4 hotel suites located on property with plenty of parking and excellent visibility.10 unit motel was added to the property in 2008. The hotel rooms and suites have all been recently remodeled and upgraded. The property also includes a very popular restaurant and pub (not included in the asking price) that is also available for sale. The restaurant has 60 seats while the pub has 144 seats and 5 VLT's. This hotel/motel property is located in a growing and prosperous community in southwest Saskatchewan. The property has 200 feet of frontage and excellent visibility. The original hotel was built in 1928 with additions in 1961 and 2001. The 10 unit motel was built and added to the property in 2008. The current owners have invested on a continual basis to ensure the original property is well maintained and all hotel rooms and suites have been recently modernized and upgraded. Size in square feet: 12,600 (3,800 is occupied by the Restaurant and Pub)

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