Lake Front Motel
Lake Front Motel
Asking Price: $2,290,000
Revenue: $400,000
Cash Flow: Undisclosed
EBITDA: Undisclosed
Reference # :
Business Category: Vacation & Lodging
Location: Sylvan Lake, Alberta
Contact Number: (587) 215-2245
Description
This lake front motel business in Sylvan Lake boasts 17,424 square feet of land and 10,574 square feet of buildings. The motel features 28 suites, 23 of which include kitchenettes, plus living quarters.
Annual sales pre-pandemic was approximately $400,000. The building was completely renovated in 2000, including a new roof and hot water tank.
A new waterfront redevelopment project was launched by Sylvan Lake which will positively affect this business bringing in a wide variety of potential customers.
This business is listed at $2,290,000
Potential buyers may contact Ken Wither at (587) 215-2245 for further information about the opportunity.
Business owners or staff are not to be approached directly.
Market and competitive advantages:
Additional Business Details
Real estate value/price:
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Real Estate Included in Price:
N/A
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Inventory Included in Price:
N/A
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Included In price:
Yes
Length of lease:
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Assets, Training & Support
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Support & Training?:
Yes
Reason for Sale
Business Details
Relocatable:
N/A
a Franchise:
N/A
Asset sale:
N/A
Lifestyle Business:
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Homebased:
N/A
Absentee run:
N/A
Seller financing available:
N/A
Other Details
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Employees Full Time:
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Employees Part Time:
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Proforma - Facts Sheet
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Contact this Seller
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