Newly Renovated Condo Hotel

Newly Renovated Condo Hotel

Newly Renovated Condo Hotel

LISTING DETAILS

Listing ID: 3323
Type of Sale: Asset
MLS Code: Exclusive
Industry: Hotels / Motels
Reason for Sale: Personal
Training & Support: Yes
Asking Price: $179,000

ASKING PRICE
$179,000
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

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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