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 Buy a Canadian company Listing # 72919004
 
 Business  For  Sale 
 Buy a Canadian company

75+ Room Limited Service Franchise Hotel

$8,700,000.00 (Cdn)

75+ Room Limited Service Franchise Hotel
 
Business Location: Manitoba
Postal Code: R
Relocatable: N0
 
Business Categories:
Accommodation & Recreation
Hospitality & Food Service
 
  BUSINESS   FEATURES  
Popular franchised hotel located in a major city centre in MANITOBA that has a 10+ year history of doing 60% occupancy. This hotel is in very good condition and a buyer will confirm there are no major CapEx requirements for the near future, normalized reserves should be expected.

FINANCIAL  INFORMATION
Last 4 years over $2M in revenues. NOI of $710k.

2013 - $2,110,712
2014 - $2,105,765
2015- $2,176,095
2016 - $2,073,738


MARKET  &  COMPETITION
Situated on 1.29 acres, serviced by city water and sewer, originally built in 1997, additional rooms added in 2012.

INCLUDED, EXCLUDED & OPTIONAL
  -  INCLUDED  in  the  Price  -  
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