Newly Renovated Condo Hotel

ASKING PRICE:
$17,900,000

LISTING DETAILS:

LISTING ID: 3323

TYPE OF SALE: Asset

MLS CODE: Exclusive

INDUSTRY: Hotels / Motels

REASON FOR SALE:

TRAINING & SUPPORT: Yes

DESCRIPTION:

Rare opportunity to get into the hotel industry at a low entry point. Established business with many repeat/extended stays customers. 9 of 11 rooms are ready for rent. 1 double room to be redesigned to new owner’s desire. 5 units with kitchenettes. Located in the heart of downtown's Fashion and Design districts provides all conveniences within walking distance. Landmarks include the Eaton Centre, CN Tower, Air Canada Centre, Exhibition Place, and much more. This well-run business would be ideal for new entrepreneurs, Air BNB hosts, or anyone with a hospitality background. Many opportunities for growth includes adding breakfast services. Act fast, this amazing deal won't last! Listing ID: 3323

COMPANY INFORMATION:

YEAR ESTABLISHED: 2019

FRANCHISE: No

SQUARE FOOTAGE: 2000-3000 sq ft

MONTHLY RENT: $12,995 pm (incl TMI) + HST

FINANCIAL INFORMATION:

GROSS REVENUE: N/A

SDE: N/A

FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate

FFE INCLUDED: Yes

INVENTORY INCLUDED: No

EBITDA: N/A

FOR MORE INFORMATION ON THIS LISTING, PLEASE COMPLETE OUR NON-DISCLOSURE AGREEMENT

DISCLAIMER:

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

SOLD

CONTACT US ABOUT THIS LISTING11

CALL US:

+1 (416) 333-7999

TEXT US:

(647) 558-2180

EMAIL US:

info@aldrin.ca