Newly Renovated Condo Hotel

Newly Renovated Condo Hotel

Newly Renovated Condo Hotel

LISTING DETAILS

Listing ID: 3435

Type of Sale: Asset
MLS Code: Exclusive
Industry: Hotels / Motels
Reason for Sale: Personal
Training & Support: Yes
Asking Price: $199,000

ASKING PRICE
$199,000
DESCRIPTION

Operating since 2019 this hotel is situated in the heart of downtown Toronto's Fashion and Design districts. Steps from the Eaton Centre, CN Tower, Air Canada Centre, Exhibition Place, and more. The business enjoys many repeat/extended stay customers. Almost all rooms are updated and ready for rent. 10 units with private bathrooms, 5 out of 10 units equipped with kitchenettes. This well-run business would be ideal for new entrepreneurs, Air BNB hosts, or anyone with a hospitality background to get into the industry at a low entry point. Many opportunities for growth. Seller willing to train to ensure a smooth transition. This amazing deal will go fast! Listing ID: 3435

COMPANY INFORMATION

Year Established: 2019

Franchise: No
Square Footage: 2,500 sq ft

Monthly Rent: $12,650 pm (incl TMI) + HST

FINANCIAL INFORMATION

Gross Revenue: N/A
SDE: N/A

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

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.

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