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Asking Price$5,756,625
RevenueUndisclosed EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseYes
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Location
Calgary, Alberta

Description (All $'s are Canadian)

Three stories 68 guest rooms originally constructed in 1980 with significant renovation in 2012 totaling $2.1M and an additional $700,000 for exterior renovations in 2015.

Very well located, providing great access to major commuter highways.

Financial Information

Year Occupancy Rate (%) Revenue ($)


Jennifer Gaudo - Gateway Business Brokers
12:08 PM (7 hours ago)
to me

Year                          Occupancy Rate  (%)                    Revenue ($)

2014 :                           51.74                                           $1,495,723

2015                             45.22                                            $1,334,126

2016                             54.98                                           $1,401,201

2017                                                                                 $1,446,876

2018                                                                                 $1,466,779

NOI (2018) : $523,614

2019 Projection                                                                $1,546,304
2019  will exceed 2018 because three hotels were closed due to Road construction in surrounding area.


Minimum Equity Required
$3,100,000

Price
$7,650,000 CAD
Ad #108470
Seller Reference #1139
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