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Asking Price$1,581,653
Revenue$1,297,857 Established1979
Cash Flow$1 EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Location
Alberta

Description
62 Rooms, 110 seat Restaurant, 100 seat Lounge, 9 VLTs and conference room for small groups are the amenities offered at this location.

Years built:
Main section 1979, 1984 and 1987
New section : 1997

A wide variety of forest industry service providers, including contractors for reforestation, harvesting, and hauling services have a strong presence in the area. Over 1000 employees and contractors are employed in the area both full time and seasonally contracted.

This Hotel is located a stone throw away from the regional hub for the oilfield industry.

Financial Information (Canadian Currency)

Revenues 2019 - $1,633,222

$100K+ VLT Revenues

$500K+ Rooms Revenues

$135K+ Liquor Revenues

An experienced Owner should expect $350K+ in Seller Discretionary Earnings (SDE)

Minimum Equity Required
$800,000

Real Estate
$800,000

Price
$1,990,000
Ad #108471
Seller Reference #1137
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Contact This Seller
Tim Blais, BBA, CMEA
Gateway Business Brokers
1-855-537-0773
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