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LIMIT SERVICE FRANCHISE HOTEL

Listing Serial No.
FH1539029724
Description

1. DESCRIPTION

 - 80 Rooms 4 Storey limit service franchise  hotel with 1.06 Acres which was built in 1999. 

 -  The overall condition of the building is good with a reported investment of approximately $1,000,000 in improvements such as updated flooring, paint, linens, HVAC, and exterior.

2. REVENUE 

2016 : $879,303  2017 : $1,120,718, 2018 Expectation : Over $1,300,000

2018 Expectation NOI  will be about $500,000.

 

NOTE :  - Property Tax  has been reduced over 50% from 2018.

             -  There is no Labour union.

 

 

 

CONFIDENTIALITY AGREEMENT
RE : FH1539029724

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 Saskatchewan will govern this Agreement and that all actions that may arise in law and or equity shall be brought in Saskatchewan.

Accepted and agreed this 19 day of October, 2017.

Name

Email

Phone

Acceptance of CONFIDENTIALITY AGREEMENT

  I agree.


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