Three Star Hotel

This 3-star hotel includes 70 rooms and 2 suites and a breakfast area with an annual revenue of $300,000.00 (Canadian dollars) for the rooms and an additional $1000.00 (Canadian dollars) per year for food and beverage.

The bottom line for the last 3 years and the forecast for the following year is $300,000/year. (Canadian dollars)

The hotel is 9 years old and requires very low maintenance. It has been refurbished every year because it is a choice hotel franchise

It was appraised by a professional appraiser in April, 2002.

Asking Price: $1,680,000.00 USD ($2,650,000.00 Canadian Dollars)