Canada Commercial Realty

C.403.680.6130 | francislee@canadacommercialrealty.ca

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Hotel

FULL SERVICE HOTEL IN BIG CITY AB

Views: 702

Listing Serial No.

FH1638585966

Price

$11,040,000

Description

 

1. GENERAL  DESCRIPTION 
– Full service hotel with 136 guest rooms, a restaurant / lounge, meeting/ banquet facilities, two whirlpools, and a fitness room.
-Five‐storey building of steel‐frame and concrete construction. 
 The property occupies a premier location onXXXXXXXX, providing excellent exposure and access. XXXXXXXX is the northbound extension of Highway No. 2, funnelling traffic into XXXXXXXX from Southern Alberta.
 The XXXXXXXXXXX Trail Corridor has been a focal point for new commercial development over the last decade.  
 Current traffic counts along XXXXXXXX in proximity of the subject are reportedly 46,300 vehicles per day northbound along XXXXXXXX.

 

 

2. REVENUE
2018  Total : $,5,212,563
2019 🙁 room : $3,380,382, Food & Beverage: $1,352,154, Others : $24,319)  Total : $4,756,855
2020:(room : $1,086,997, Food& Beverage:  $209,702, Others : $39,934) Total : $1,336,833 

 

 

2021(9 months  room : $1,025,673, F&B : $92,842, Others : $41,072) Total :  $1,159,587

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 .