New Franchise Hotel - Saskatchewan, Canada

Listing ID:
REGINSK001-N61

Confidential, Saskatchewan, Canada

Hotels (except Casino Hotels) and Motels

Listing Status: Active

Sunbelt of Saskatchewan

Phone: REGINA (306) 530-7899 SASKATOON (306) 881-1021
Fax: Regina (306)352-7899

The following broker is assigned to this listing:

Barry Johnson

barryjohnson@sunbeltnetwork.com

Description

+ 20% return on buyer/investor equity (based on 10 year pro-forma). Outstanding opportunity is available for a passive investor(s) to acquire a new Franchise Hotel being developed and built by an experienced and reputable Hotel Development/Management company and a Builder with a proven track record. These companies do not just build buildings – they build successful businesses! New hotel will be located in a growing city that is situated within a major economic region in Saskatchewan. The region and is home to economic expansion projects in oil and gas, agriculture, potash exploration/mining and infrastructure. A huge plus for the passive investor(s) is the opportunity to partner with a world class Hotel Franchisor and a local Hotel Development/Construction/Management company. The Hotel Management Company will enter into a long-term contract to provide hotel and operational management services.

Financials

Asking Price:$12,500,000
Revenue: ON REQUEST
Cash Flow: ON REQUEST
Downpayment: ON REQUEST
Monthly Payroll: ON REQUEST
FF&E Asking Price: ON REQUEST
Inventory Asking Price: N/A (Included in Asking Price)
Financing Available?Yes

Property

Asking Price:$12,500,000 (Included in Asking Price)
Building Size:4 Floors, 89 rooms sq ft

Other

Franchise?Yes
Homebased?No
Relocatable?No
Year Established:2014
Year Acquired:2014
Full-Time Employees:N/A
Part-Time Employees:N/A
Reason For Sale:New Franchise Hotel is being developed and built to satisfy demand for extended stay accommodations in Saskatchewan.