Description
A well-maintained full-service hotel operated by original owner. Built with an 80-seat restaurant, 117-seat sports bar, 435-person capacity for the conference facility.
Financial Information
Annual Revenue and Net Operating Income:
2022
Revenue: $3,500,000
NOI: $510,000
2021
Revenue: $4,215,000
NOI: $1,295,000
2020
Revenue: $2,935,000
NOI: $395,000
2019
Revenue: $3,360,000
NOI: $460,000
* Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator
Real Estate
Site area: 2.54 acres
Building size: 68,629 sq.ft.
