by globalbx.com

75 Room Limited Service Franchised Hotel For Sale

Offer description, location and category: Popular franchised hotel located in a major city centre that has a 10+ year history of doing 60% occupancy. This hotel is in very good condition and a buyer will confirm there are no major CapEx requirements for the near future, normalized reserves should be expected. Last 4 years over $2M in revenues. NOI of $710k. 2013 - $2,110,712 2014 - $2,105,765 2015- $2,176,095 2016 - $2,073,738 Situated on 1.29 acres, serviced by city water and sewer, originally built in 1997, additional rooms added i | Listed for sale in Manitoba | Type of business: hotel

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Business Brokers in Manitoba

Thinking of buying a hotel business in Manitoba? A professional business broker can figure out what you’re interested in and help to find the right company to buy. Brokers can use their market knowledge to assess the asking price and argue a strong case with the seller. Get in touch with a qualified broker near you.


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