For sale Crowsnest Pass Motel

  • Listing id
    9mgxcmum
  • Categories
    Business / Commercial → Business For Sale
  • Asking price

    Open to offers

  • Quantity

    Not applicable

  • Tax
    Not applicable
  • Shipping & Handling

    Shipping to Canada only

  • Payment Terms

    Seller accepts Cash

  • Posted
    1 year ago
helpful
Calgary, AB
Member since July 19, 2018
Please only contact the seller if you are interested in buying or bartering for this item. Spam and fraud will not be tolerated.
The Affordable Business
We introduce Alberta & Saskatchewan Business Selling Owners to serious buyers.

Alberta, Canada
Crowsnest Pass Motel
Investment Level: 849,000

Our clients purchased the motel in 2015 and over the next few years have invested hundreds of thousands of dollars into upgrading infrastructure and tastefully updating rooms which attracted new repeating clientele which has resulted in year after year increased sales.

Recently the management that was in place has moved in another direction and the owners who operate other businesses now realize that with their other businesses growing in size, that they can no longer invest the time required to continue the positives that they have built.

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) 2019 (146,000)
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)

Visit theaffordablebusinesspartner for more information. Thank you.