Very Profitable Hotel For Sale
Location Manitoba,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $1700000
Net Profit / Cash Flow $250000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1970
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Yes.
Reason for Sale Retirement.
Description Net profit (ebitda) cash flow over $250,000 per year plus! Sales $1.7 million increasing every year! Very strong market and long successful track record. This hotel can pay itself of in a few years. Two large on premise owners suites. Very busy rooms and busy bar. Vlt's , beer vendor, and extra land to expand. Fully managed hotel with full time manager on premise. A hands-on owner manager could increase net profits dramatically and eliminate much expense. This is a fabulous opportunity for an ambitious entrepreneur who likes to make a lot of cash! Current owner is absent from hotel and is retiring. Owner will finance. Email or call at 204-255-3377 for more information on this hotel for sale.
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