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WELL KNOWN FRANCHISE HOTEL WITH LEASED FREE STANDING RESTAURANT IN BIG CITY AB

Listing Serial No.
FH1636411950
Description

 

 

 

DESCRIPTION:               - Four-storey limited-service hotel and it contains 105 guest rooms,

 

                                            pool with waterslide, a breakfast room, an exercise room, 2 meeting

 

                                           rooms, a business centre, a freestanding restaurant, and other

 

                                           related hotel amenities.

 

 

 

 

 

 

SITE AREA:                                      2.47 Acres

                                                           

 

ZONING:                                           CHY (Highway Corridor Zone).  

 

 

 

AGE:                                                   2009         

 

 

 

REVENUE (Year End August 31)   2017 : $4,133,273, 2018 : $3,797,606,

 

                                                          2019 : $3,656,648, 2020:$2,356,971, 2021:$2,145,748    

 

                                                      

 

NOI                                                    2018 : $1,559,870,  2019 : $1,462,408

 

 

 

Leased restaurant info                      Name : XXXX XXXXXX, Size :   Free standing 5,250 Sqft

 

                                                          Rent Fee: $126,984 + common area cost

 

 

 

LOCATION OVERVIEW  

 

 

 

  - Located within a major metropolitan area.

 

  - Relatively recent construction and in very good condition.

 

  - Popular national branding flag.

 

 -  Exposure and easy access to Highway 

 

 

CONFIDENTIALITY AGREEMENT
RE : FH1636411950

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 07 day of October, 2022.

Name

Email

Phone

Acceptance of CONFIDENTIALITY AGREEMENT

  I agree.


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