Chris Doehner | 967 – Land, Buildings, Hotel & Restaurant – $1,999,000

 

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967 – Land, Buildings, Hotel & Restaurant – $1,999,000

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967 – Land, Buildings, Hotel & Restaurant – $1,999,000

This is a well-located 57 room motel and full-service franchise restaurant on a main artery in a busy Alberta town. The hotel rooms and basement banquet area are presently being renovated. The restaurant had a substantial reno done in 2012 – 2013. The land, buildings and businesses were recently appraised for $3,300,000. Great chance to own the land, building and business and make your own mortgage payment instead of the Landlord's! These opportunities don’t come up very often – DON’T MISS IT! 

This opportunity will not last long – contact Chris to arrange a showing ASAP!

Business Information

Gross sales: Hotel $280,000 per year; Restaurant $486,000 per year
Size of Total Land: 1.78 acres
Size of Restaurant: 8,300 sq. ft.
Zoning: C-B (Commercial General District)
No. of Seats: Licensed for 44; actual slightly higher
Number of parking stalls: Lots of parking - Approximately room for 85 cars
Style of cuisine: Full Franchise Menu
Customer Demographics: Locals; travellers; hotel guests
Type of service: Table
Hours of operation: 6:30 am – 11 pm (or later if there are guests)
Number of employees: 21 in total with some full-time and some part-time

Leasing information:

Financing: Treat as clear title 

Please contact Chris for any questions or to set up a showing.