Canadian Independent Hotel

Location: Canada -> Quebec -> Alma
Industry: Hotels and Holiday Accommodation > Hotels

This two and three story, 60-room hotel is located on a 250,000 sq, ft. parcel. There are 5 rooms with whirlpools and a double whirlpool suite. The hotel features a restaurant, bars and a terrace located on the roof. The terrace has incredible views of the town and river. The restaurant and bars can accommodate 225 persons. The terrace, located next to the restaurant, can accommodate 80 persons. The restaurant has a very large commercial kitchen with air conditioning and very good equipment. This property can be acquired for $2,400,000 CAD. Contact for more information on this hotel for sale.

Financials

Asking Price Range: $1.0M – $2.5M
Gross Revenues: $1,000,000
Cash Flow: $330,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes

About The Business

Year Established: 1974
Number of Employees: 10 – 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale