Canada Commercial Realty

8080d3401986e2543efb2208b11863a0

C.403.680.6130 | francislee@canadacommercialrealty.ca

LISTINGS

Hotel

GOOD BRAND FRANCHISE HOTEL LOCATED AT BIG CITY AB

Views: 161

Listing Serial No.

FH1716089696

Price

$10,320,000

Description

DESCRIPTION            –  4 story 100 rooms limit service hotel  with Pool, waterslide,  Lounge , fitness  room , business centre and meeting room located at  very  convenient XXXX .

-Franchise with Wyndham till 2030 and the franchise fee 5% plus 3 %   other marketing etc.

  • Possible convert to Best Western Plus, Marriott Fairfield & Suites and Radison hotel.
  • 4 Suite with full kitchen, 6 xxxx Room, 20 business room with sink and sofa , 50 regular room with  2 double bed,
  • Hardie board siding type with a lot of bricks.

SITE AREA:                                      1.7 Acres

ZONING:                                           DCD (Direct  Control District ).

AGE:                                                  May 2015

REVENUE (Year End August 31)   2019 : $1,724,358,   2022:$1,976,037,  2023:$2,640,797

NOI                                                    2023  :$782,280

LOCATION OVERVIEW

– Relatively recent construction and in very good condition.

– Popular and mid size national branding flag.

–  Good exposure  and easy access to Highway 2.

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 .