Business for sale
4-Star, Full-Service Hotel; Growing Revenues & Outstanding Location
Business Presented By
Contact: Keith Pond
Phone: 1-866-766-1566
Business ID: 1384214000006489008
Email: [email protected]
Financial Information
Asking Price : $ 10,900,000
Revenue : $ 4,300,000
SDE : $ 999,000
Business Description
Located on a busy highway in a vibrant area of NB, this established, meticulously-appointed hotel is busy in all-seasons and has a consistent record of growing revenues. Strategically located near transportation hubs and year-round attractions, it boasts top-quality amenities and all services including a restaurant, bar, banquet/ meeting facilities and indoor heated pool. The property is in mint condition with major renovations completed in April 2020. An opportunity for a seasoned hotelier or as an acquisition.
Details
| Primary Business Category: | 72 - Accommodation and Food Se |
| Location: | New Brunswick |
| Listed by: | Saint John |
| Financing | Available |
Company Information
| Franchise: | No |
| Year Established: | 1979 |
| Number of Employees: | 50 |
Financial Information
| Asking Price: | $ 10,900,000 |
| Gross Revenue: | $ 4,300,000 |
| SDE: | $ 999,000 |
| FF&E (included): | NA |
| Inventory: | $ 22,000 |
| Down payment: | NA |
| EBITDA: | NA |
Get additional information about this business
This business is posted by the Saint John Office. This office serves the following municipalities: Greater Moncton and Dieppe, Fredericton area, Fundy Region, Campbellton, Woodstock, Miramichi, New Brunswick, Prince Edward Island.
This business is also posted by Saint John, Moncton, Atlantic and Prince Edward Island.