Canada Commercial Realty

8080d3401986e2543efb2208b11863a0

C.403.680.6130 | francislee@canadacommercialrealty.ca

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Hotel

RESORT AREA FRANCHISE HOTEL

Views: 193

Listing Serial No.

FH1688061425

Price

$12,950,000

Description

INVESTMENT SUMMARY

 

DESCRIPTION:                          -Consists of a limited service, 65-room  which includes an indoor pool, Sauna, Hot Tub, Water slide a   fitness room, golf simulator, a meeting room,

a breakfast room.

-Enough space  to  add 30 rooms and  approximately 93 paved parking stalls are provided.

-There is demands more rooms  due to the high occupancy   rate &ADR.

SITE AREA:                                      2.48 acres, more or less.

ZONING:                                           C4 (Highway & Tourist Commercial Zone)

YEAR BUILT                                    2019

 

REVENUE(Year End : April 30)  2022:$3,094,502 ,2023 : $3,650,469,

2022(January 1 to December 31):$3,569,763

 

NET OPERATING INCOME: 2022 : $1,556,707

ECONOMY

Transportation related  and another important influence is tourism .  Recreational activities include fishing, ATV riding, horse riding, mountain biking, whitewater rafting, camping, and many others. A ski resort is in the process of development and should significantly increase winter tourism in the area once opened. Other lesser economic influences in the area include forestry, agriculture, government services, and retailing.

 

 

 

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 .