21 Room Motel 849,000
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Business at a glance.
Gross Sales: 2017 (196,000) 2018 (220,000) 2019 (283,000)
Normalized Net Income as owner operator: (2017) 75,000 2018 (61,000)
Money invested in Renos: Owners took over in 2016 and spent over 200,000 in
reno’s in getting the motel up and running plus an additional 2017 ( 45,000) 2018 ( 77,000) 2019 ( 83,000)
With the majority of renovations being completed over the last several years, new owners can now focus their time and energy into increased marketing and continued sales growth.
Our clients will work with the new owners to ensure that they will be properly trained and are comfortable in all aspects of operations.
If you have been searching for a business that you can create long term cash flow stability, build long term client relationships, while living in one of the prettiest places in Southern Alberta then this business should be on your must see list.
Please note that during the Covid period business at this Motel has remained very strong because of the diverse client base.
More detailed information is available for interested parties once a buyer’s profile and NDA have been completed.