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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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