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Asking Price$3,000,000
Revenue$1,855,000 Established2004
Cash Flow$1,025,000 Employees4 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
All numbers are actually Canadian dollar amounts.
Executive Summary:
The company is located in Stony Rapids Sk and is a full service hotel. Considering the remote northern location, the hotel is considered to be a middle to upper market facility catering mainly to the professional business traveler. The business was founded in 2004 when a new building was built to host the hotel. There are 21 rooms in the hotel. Aside from rooms, the hotel offers a restaurant, internet service and satellite television.

A $630 million alternative energy project has been approved and will begin within the next year. This project is a joint venture between SaskPower and Black Lake First Nation. This power plant will generate 50MW of electricity geared mostly to support the expected growth in the North of the province. This is going to drive additional projects and bring more people to the area. In turn, this will create an even greater demand for accommodations and restaurants.

Business Highlights:
- Trailer expansion project which will increase revenue substantially
- Addition of fast food restaurant on to hotel
- Major long-term projects in the area such as the $630 million Tazi
Twe hydroelectric project to begin in 2016 and the Hoidas project, which will keep this area extremely busy for years to come
Facilities:Building Size - 9720 ft sq
Competition:Only one other competitor nearby
Growth Potential:Huge expansion potential with a $630 million Tazi Twe hydroelectric project, a joint venture between SaskPower and Black Lake First Nation. Trailer Expansion Project Fast Food Restaurant added on to full service restaurant
Training/Support:The owners are prepared to train a buyer in all aspects of managing the business to ensure a successful transition.
Ad #79316
Seller Reference #118
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Contact This Seller
Travis Kellett
Bridgepoint Business Brokers
(306) 220-0800
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