44-Room Motel with Restaurant and Lounge in Alberta

This is an exceptional opportunity to acquire a well-established 44-room motel, complete with a fully operational restaurant and lounge. Situated in a prime Alberta location, the business benefits from a steady stream of both local and traveling patrons. The sale is structured as an asset sale, offering a turnkey solution for investors looking to enter or expand in the hospitality sector. The property has undergone significant renovations in 2020 and 2015, ensuring modern facilities. Financials indicate strong performance with 2023 Annual Revenue of $610,000 and Net Operating Income of $335,000. The asking price is $1,509,692 USD.