Canada Commercial Realty

8080d3401986e2543efb2208b11863a0

C.403.680.6130 | francislee@canadacommercialrealty.ca

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Hotel

VERY STABLE AND STRONG CASH FLOW FRANCHISE HOTEL IN BC

Views: 384

Listing Serial No.

FH1631673838

Price

$14,250,000

Description

1. Revenue (  2020 :  $3,149,512, 2019 : $2,743,503, )

 

FINANCIAL PERFORMANCE

to Jun 30, 2020                        to Jun 30, 2021            12 months to Dec 31, 2021

Gross Revenues                  $3,099,001*                          $2,918,226**                       $3,525,037***

Occupancy                                   70.51 %                                     64.76 %                                 74.59 %

ADR                                                $126.66                                   $123.52                                  $129.06

RevPAR                                          $89.31****                              $80.00****                              $97.46****

 

-2021 revenue is also very strong

 

2. Very strong and stable cash flow 92 room limit service franchise hotel with 1.54 Acres land that was built in 2017   located at Northwest of BC the  hub for forestry, fishing, and mining activity in the region and  also a hub for transportation, retail, medical, and government services.

Located between three ports and at the intersection of highways  xx and xx, Xxxxxx  is poised to benefit significantly from the numerous major projects proposed including LNG, mining, and manufacturing.

 

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 .