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Grand Forks Motel 99, Grand Forks, BC

26/wk
7424 Donaldson Drive, GRAND FORKS, British Columbia, Canada
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Asking Price$1,290,000
Revenue$235,000 Established1999
Cash FlowUndisclosed Employees0 full, 2 part
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedYes
* Included in Asking Price
reat Opportunity to own your own Motel and house on the same property. Conveniently located off Highway 3, this Grand Forks motel is located 8 minutes away from the Grand Forks Airport and about 1 km from the International Baseball Tournament. The operating costs are very cheap to run this business with the Possibility to increase sales via franchise or restaurant addition or continental breakfast. This is the newest built motel in the city, the buyer has an option to open up a restaurant on premise it's possible to convert part of building for that purpose with little cost attached and still keep 21 units as motel. Property is easily franchisable to a Days Inn, Super 8, Comfort Inn. Zero maintenance cost or upgrades required for buyer. Also possible to buy the property beside the motel or behind the motel if buyer wants to expand business.
Facilities:Size of Land: .26 Acres Size of Hotel: 13,000 sqft approx Number of Rooms: 23 Built: 1999 Size of the house: 2500 sqft Room Revenues last 2-3yrs: 210k- 235k
Growth Potential:Franchisable! A lot of room to grow!
Training/Support:yes
Sale Reason:relocation, retiring
Ad #75926
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Contact This Seller
Raj Thind Personal Real Estate Corporation
Sutton Group West Coast
778-554-7653
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