Small Town Hotel w Liquor Store, Conv Store, Theater, Restaurant/Pub & Meat Shop

Alberta

Business/Company Information

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Business Description

This business is newly renovated, and is TURN-KEY and comes with 2 months of management training Foreign Investors can easily immigrate to Canada: https://www.immigration.ca/buy-a-business-and-move-to-canada-immigration-program The Hotel has many streams of income, but is set up so that it does not require a bunch of employees to run it. The liquor store is very stable, and paid the bills while everything else was shut down during the COVID LOCKDOWN. A family of 4 adults could easily run this business all on their own. The business is the only store/restaurant located near the town’s residents & is right across from the post office on main street, next to the bank and co-op.

ANNUAL Revenue is $650K, cash flow 50K, net income 300K The business has been growing every month since renovations and upgrades have been made, and the meat shop and virtual reality gaming room is growing a steady new customer base. The new licensed deck (with BBQ) is a huge hit during the summer months and brings in a lot of locals as well. A place to hang game during hunting season draws a lot of hunters to stay at the hotel from Aug to the end of Nov Winter is busy for oilpatch.

The market is mainly the local residents, but is also supported by the oilpatch workers in the area and people traveling to Alaska in the summer. There are two other convenience stores at the gas stations out on the highway. However, due to the location of the other stores, children are only allowed to come to our location (due to railway tracks that are between the residents and the highway competition). There is one other liquor store out on the highway but we get the local

Business Details

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Financial Information

  • Asking Price:

    25,00,000.00

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