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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Saskatchewan Businesses For Sale Categories   >>   

New Franchise Hotel For Sale

Location  Saskatchewan,Canada
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $2900000
Net Profit / Cash Flow  $1180000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2012
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Hotel developer will also provide hotel management services and will quite likely retain a minority ownership position.
Reason for Sale  New franchise hotel is being developed and built to satisfy demand for long term stay accommodations in Saskatchewan.
Description  20% to 25% return on buyer/investor equity (based on 10 year pro-forma). Outstanding opportunity is available for an owner/operator or passive investor(s) to acquire a new Franchise Hotel being developed and built by an experienced and reputable Hotel Development/Management company and a Builder with a proven track record. These companies do not just build buildings - they build successful businesses! New hotel will be located in a growing city that is situated within a major industrial corridor in Saskatchewan. The industrial corridor encompasses one-quarter of Saskatchewan's population and is home to economic expansion projects in mining, agriculture and transportation. A huge plus for the aspiring owner/operator is the option to work with the Hotel Management Company to learn the hotel industry. For the passive investor(s), the Hotel Management Company can be contracted with on a long term basis to provide hotel and operational management services. Bank mortgage financing will be available to qualified buyer/investor.
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