LISTINGS

Hotel

FRANCHIS HOTELIN CENRAL AB

Listing Serial No.

FH1746479861

Price

$3,590,000

Description

INVESTMENT SUMMARY

DESCRIPTION: 49 Rooms Two storey

SITE AREA: 1.09Acres

ZONING: HWY‐C – Highway Commercial District

AGE: 1979 (Renovated 2001 and 2022 ,Current owner started from 2015)

FRANCHISE TERM 2035

RENOVATION DETAILS (2022-2023)

Metal roof, metal siding, Sofetning ceiling and & hallway , Replaced carpet for the Hallway , Bathroom floor & wall tile, counter bath tub etc.

BREAKDWON OF ROOM

Single rooms: one queen bed and pull out sofa 9

Double rooms : two queen beds 32

Triple rooms : doubles 2

Kitchenette : one queen bed and a pull out sofa 2

Kitchenette : Two queen beds 4

REVENUE: 2023:$1,061,049, 2024 :$1,079,406, NET OPERATING INCOME: 2023 :$376,722, 2024:$355,298

AREA OVERVIEW : The Town of XXXXXXX is well positioned due to the existence of the XXXXXXXX Hoodoos, and associated attractions.

XXXXXXXX’s economy is based on agriculture and tourism with the oil and gas industry a close third. Located on the CN mainline linking Calgary and Saskatoon, it is a service centre for the surrounding agricultural area engaged in grain production, specialty crop that, hay production, and ranching.

There are several tourist attraction places such as the XXXXXXXXX Valley, the Tyrell Museum of Palaeontology which is the largest museum archaeological display in the world, .has always held a degree of appeal for tourists . It is estimated that the number of visitors to the area has tripled to approximately

CONFIDENTIALITY AGREEMENT

RE :

I hereby acknowledge that information regarding above business(es) and /or Seller(s) is being provided to me SECRECY and CONFIDENCE and is to be used solely for the purpose of assessing the prospective purchase of the business(es) or property through Maxwell Canyon Creek Realty Francis Lee.

I agree that such information will be held in strict confidence, that all matters concerning the a aforementioned property will be handled through Maxwell Canyon Creek Realty Francis Lee, that I will not approach or attempt to deal with the owners or employees either directly or indirectly.

I agree not to disclose any of the information given in connection herewith, either directly, or indirectly, to third parties, except direct support people; nor will I use, or assist others to use, any such information for competitive trade purpose or to circumvent Maxwell Canyon Creek Realty in any transaction or contact with the Seller(s). I agree not to make copies any of the material provided and to return all of it if I discontinue interest in the Business. The material and information furnished is believed to be reliable for the purpose of evaluating the business.
Further, I agree that all inquires, investigations, negotiations, offers to purchase, and/or letters of intent must be made through Maxwell Canyon Creek Realty Francis Lee. I agree to protect and not disclose the confidentiality of the information I receive permanently, even if I choose not to purchase the said business or property.

I agree that any breach of the Confidential Agreement (the “Agreement”), directly or indirectly, will be harmful to the Seller(s) and Maxwell Canyon Creek Realty . In consideration for the information given, I agree that the laws of Alberta will govern this Agreement and that all actions that may arise in law and or equity shall be brought in Alberta.

Accepted and agreed this .

First Name

Last Name

Phone

Acceptance of CONFIDENTIALITY AGREEMENT
I agree.