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FRANCHISE HOTEL IN AB

Listing Serial No.
FH1583609984
Description

DESCRIPTION:                        Well built 66 room, Four Storeys, Fitness Room swimming pool which was built  as Best Western .                                                  

                                                     

 

SITE AREA:                                      2.35 Acres

                                                           

ZONING:                                            Highway Commercial District               

 

AGE:                                                   2008                  

 

BREAKDWON OF ROOM             66 Unit    ( Queen 1, Double Queen 53, King   King Suite 3, King Jacuzzi Suite 2 )          

                                                                                  

 

REVENUE   (September 30 )           2018 : $1,200,209 ,  NOI $530,941

                                                           2019 : $1,100,091,  NOI $434,861

 

 

 

LOCATION OVERVIEW

 

Agriculture remains a major industry in the XXXXXXXXX, but is complemented by a mix of other industrial growth.  Oil & gas wells contribute significantly to the local economy.   About 50 km west of XXXX is

one of the largest sour gas developments in the world. The xxxxxxxx has been estimated to contain 2 trillion cubic feet of reservoir fluids composed of roughly equal amounts of natural gas natural gas liquids and hydrogen sulfide.  Shell Canada is spearheading this development. 

CONFIDENTIALITY AGREEMENT
RE : FH1583609984

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 12 day of July, 2020.

Name

Email

Phone

Acceptance of CONFIDENTIALITY AGREEMENT

  I agree.


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