849,000 Motel for sale in Alberta

The Affordable Business Partner provides Alberta & Saskatchewan Business Owners and Business Buyers with affordable, innovative and personalized business selling & buying help. How can we help you? Our clients purchased the motel in 2015 and over the next few years have invested hundreds of thousands of dollars into upgrading infrastructure and tastefully updating rooms which attracted new repeating clientele which has resulted in year after year increased sales. Our client's 21 room Motel that is located on a major Alberta highway in a picturesque town provides an opportunity that should interest many people who are searching for a new way to create and build wealth. Recently the management that was in place have moved in another direction and the owners who operate other businesses now realize that with their other businesses growing in size, that they can no longer invest the time required to continue the positives that they have built. Business at a glance. Gross Sales: 2017 (196,000) 2018 (220,000) 2019 (283,000) Normalized Net Income as owner operator: (2017) 75,000 2018 (61,000) 2019 (146,000) Money invested in Renos: Owners took over in 2016 and spent over 200,000 in renos in getting the motel up and running. Plus an additional 2017 ( 45,000) 2018 ( 77,000) 2019 ( 83,000) With the majority of renovations being completed over the last several years, new owners can now focus their time and energy on increased marketing and continued sales growth. Visit The Affordable Business Partner.com