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 Buy a Canadian company Listing # 72919005
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 Buy a Canadian company

62 Room Hotel - $3M Sales

$7,200,000.00 (Cdn)

62 Room Hotel - $3M Sales
Business Location: British Columbia
Postal Code: V
Relocatable: No
Business Categories:
Hospitality & Food Service
Accommodation & Recreation
Northern British Columbia
62 Unit Hotel, fully renovated in 2014 with NOI in excess of $1M, is being offered as a sale of assets. The seller is open to a sale of shares, should the purchaser wish. This is an excellent opportunity for a hands on operator. Currently there is a full management staff in place.

Revenues for the 12 months ending March 31:

2017 - $3,104,726. Room sales were $2,071,000
2016 - $3,113,887. Room sales were $2,017,000
2015 - $2,485,668. Room sales were $1,643,771

Net operating income in excess of $1.1M for the past 2 years.

The 3 storey, 35,400 sqft, property is situated on a +/- 2.75 acre parcel of land
Guest rooms: 62
Food and Beverage Facilities: A restaurant and lounge with seating for 90+.
Meeting Space: none, however, there are two spaces that can be developed into meeting space, guest laundry, or owner quarters, 1000 sqft and 2200 sqft respectively.
Additional Facilities: vending area
Parking Spaces: +/- 80

The property is serviced with Town sewer and water.

  -  INCLUDED  in  the  Price  -  
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