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FRANCHISE MOTEL WITH LEASED RESTAURANT IN EDMONTON

Listing Serial No.
FH1507746870
Description

1.  Location:

It is located capital city of  Alberta and the subject property is situated within the XXXXXXX  District along the XXXXXX Trail corridor. XXXXXX Trail represents a major southbound arterial which is transitioning from industrial to more commercial uses. Given the location and the maturity of development, XXXXXXX is essentially built-out. Land use patterns within the area of the subject property are relatively stable.

 

2.      Property Description:

 - Two stories 47 room,  3 bed manager suite , 1.24 Acres Land  and constructed in 1972 ;

- Leased 1,500Sqft Chines  restaurant with$57,143/Y  triple net and the lease is up in August  2018;

-Current owner  has operated since April  2013 and converted as Franchise motel  in  2014.

 

3.      Revenue: 

2014 :  $1,018,753, 2015 : $1,234,979, 2016 ; $1,122,742

CONFIDENTIALITY AGREEMENT
RE : FH1507746870

I hereby acknowledge that information regarding above business(es) and /or Seller(s) is being provided to me SECRECY and CONFIDENCE and is to be used solely for the purpose of assessing the prospective purchase of the business(es) or property through Maxwell Canyon Creek Realty Francis Lee.

I agree that such information will be held in strict confidence, that all matters concerning the a aforementioned property will be handled through Maxwell Canyon Creek Realty Francis Lee, that I will not approach or attempt to deal with the owners or employees either directly or indirectly.

I agree not to disclose any of the information given in connection herewith, either directly, or indirectly, to third parties, except direct support people; nor will I use, or assist others to use, any such information for competitive trade purpose or to circumvent Maxwell Canyon Creek Realty in any transaction or contact with the Seller(s). I agree not to make copies any of the material provided and to return all of it if I discontinue interest in the Business. The material and information furnished is believed to be reliable for the purpose of evaluating the business.
Further, I agree that all inquires, investigations, negotiations, offers to purchase, and/or letters of intent must be made through Maxwell Canyon Creek Realty Francis Lee. I agree to protect and not disclose the confidentiality of the information I receive permanently, even if I choose not to purchase the said business or property.

I agree that any breach of the Confidential Agreement (the “Agreement”), directly or indirectly, will be harmful to the Seller(s) and Maxwell Canyon Creek Realty . In consideration for the information given, I agree that the laws of Alberta will govern this Agreement and that all actions that may arise in law and or equity shall be brought in Alberta.

Accepted and agreed this 13 day of December, 2017.

Name

Email

Phone

Acceptance of CONFIDENTIALITY AGREEMENT

  I agree.


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