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* WELL ESTABLISHED MOTEL * 95 ROOMS(25 KITCHENETTES) * TWO STOREY BUILDING * PRIME LOCATION OF THE CITY * CONCRETE BLOCK BUILDING * ABSENTEE OWNERS. MANAGER OPERATING * OWNRS RETIRING ** This is a share sale. (id:...
Asking Price : $2,500,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 35,153
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
40 ROOM & A SEPARATE HOUSE. OUT OF 40 ROOM, 11 KITCHENETTS. FACED ON HIGHWAY 12. EASY OPERATION. 5.5 ACERS AT THE INTERSECTION OF HIGHWAY 12 AND THE ENTRANCE OF THE TOWN. THERE IS A LOT OF POTENTIAL. (id:39198)
Asking Price : $999,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 15,710
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
RENOVATED motel in the heart of Edmonton! FULLY RENOVATED units; six studio, nine one bedroom with NEW WINDOWS, as well as a two bedroom MANAGER'S SUITE. The units are currently operating as AirBNB with two units hosting...
Asking Price : $1,780,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 7,095
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
MOTEL WITH 26 ROOMS INCLUDING 9 KITCHENETT WITH MANAGER SUITE 2 BEDROOM. VERY GOOD TOWN. EASY OPERATION. GOOD REVENUE. GOOD FOR FAMILY BUSINESS AND INVESTMENT. (id:39198)
Asking Price : $890,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 9,554
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Fantastic And Money Making Opportunity Of Established, Well Maintained And Upgraded Motel Consist Of 15 Double Rooms And 6 Single Rooms And Manager Suit With Licensed Restaurant & Lounge. Revenue Include Room Revenue, Re...
Asking Price : $1,400,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 24,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
* WELL MAINTAINED BUSY MOTEL * 24 ROOMS * 2 BEDROOM MANAGER SUITES * LOT SIZE: 22,500 sqft * BUILDING SIZE: 9,330 sqft * GOOD SALES WITH HIGH PROFITABILITY * PRIME LOCATION OF THE TOWN * VERY GOOD CUSTOMER REVIEW(...
Asking Price : $1,390,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 9,330
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Discover a prime investment opportunity with this meticulously maintained motel in Lloydminster, Saskatchewan. Situated along the bustling Highway 16, this property enjoys unparalleled visibility and easy access for the ...
Asking Price : $995,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 11,774
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
9-10% return on this 6 unit motel with two mobile homes, 9 winterized RV stalls and 6 non-winterized RV stalls. It is appraised at $1,130,000 by certified appraiser. (id:39198)
Asking Price : $998,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 2,281
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
VERY WELL MAINTAINED AND PROFITABLE MOTEL WITH 17 ROOMS. GOOD LOCATION ALONG WITH HIGHWAY 22. GOOD TOWN. GREAT PRICE. (id:39198)
Asking Price : $590,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 8,500
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Impeccably maintained 47-room motel featuring a spacious 2-bedroom manager suite. In outstanding condition and competitively priced for a swift sale. Monthly gross revenue is on a consistent upward trend. Currently under...
Asking Price : $1,450,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 7,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
* 51 Guest rooms, 1 manager suite, 2 staff rooms(can be converted to guest rooms) * 11 Kitchenettes * Have 4 bedroom suite and triple bedroom for big family group * Mixed customer groups such as oil workers, con...
Asking Price : $1,190,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 18,508
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Location, Location, Location! Profitable and Easy operation business!! Hard to find an opportunity to become an operator and owner of this mint condition Motel located in the busy town of Olds where it is constantly busy...
Asking Price : $2,150,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 15,567
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Presenting a golden opportunity to invest in a thriving hospitality venture, this meticulously renovated 22-room motel stands as a beacon of luxury and accessibility. Boasting a complete overhaul in 2018, this property i...
Asking Price : $1,900,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 9,048
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
* BUSY MOTEL WITH VERY GOOD SALES * 46 ROOMS(16 KITCHENETTES) * 2 BEDROOM LIVING QUARTERS * 2 STOREY CONCRETE BLOCK BUILDING * A LOT OF RENOVATIONS DONE RECENTLY * CURRENTLY MANAGER OPERATING * TOWN INDUSTRY: AGRICULTURE...
Asking Price : $1,350,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 16,486
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
VERY GOOD TOWN WITH POPULATION OF AROUND 6,000. 50 MINUTES FROM EDMONTON. HIGHWAY 18 & 44 PASS THIS TOWN. 18 ROOMS WITH A SEPARATE HOUSE. HOUSE RENTAL INCOME IS $1,050 PER MONTH. ENOUGH LOT SIZE OF 1.62 ACRE. (id:39198)
Asking Price : $995,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 4,785
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Extremely well maintained 44 rooms , 2 bed room manger suite , 2 car garage & carport , extra Two 40Ft containers which can use as storage with 37,500Sqft land plus 25,000 extra land located at commercial distr...
Asking Price : $2,090,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 17,985
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Wow , What a deal !! This is a great motel located on Hwy 9 in Beiseker, Alberta. There are 9 double rooms with the potential to have 10 rooms, plus potential to expand to a second building, as this is a 2 acre site, Lot...
Asking Price : $564,900
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 4,693
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Crossroads Motel with its 23 guest rooms in Rycroft, Alberta is for sale! Step into the hospitality industry serving locals, increasing tourist numbers and regulars from industry. A nice offering of rooms: six with a kit...
Asking Price : $749,900
Gross Revenue Total income received prior to any expenses. :
$353,166
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 7,705
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
10 VLTs & LOUNGE, 38 ROOMS. GOOD LOCATION, GOOD TOWN, GOOD FUTURE, GOOD TIME, GOOD POTENTIAL. (id:39198)
Asking Price : $999,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 17,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Save Search
Alberta's tourism sector is witnessing significant growth, driven by:
The popularity of national parks like Banff and Jasper.
A surge in cultural tourism, including festivals and historical sites.
Increasing domestic and international travel post-pandemic.
This growth translates into a consistent demand for accommodations, particularly motels, which offer convenience and affordability.
Motels have become integral to Alberta's hospitality landscape, offering budget-friendly options for tourists and business travelers. They are essential pit stops for road trippers and adventure seekers exploring Alberta's scenic routes. The strategic location of many motels, often close to major highways and tourist attractions, adds to their appeal and convenience for travelers.
Alberta's economy is known for its stability and resilience, with a strong focus on diverse sectors, including tourism. Key aspects contributing to a stable motel industry in Alberta:
Ongoing government investment in tourism and infrastructure.
A robust local economy supports domestic travel.
Consistent demand from a broad demographic of travelers.
Investing in a motel in Alberta means tapping into a diverse and vibrant tourism market. The province's attractions include:
World-class ski resorts and winter sports facilities.
Summer festivals celebrate music, art, and local culture.
Outdoor activities like hiking, fishing, and wildlife watching.
Historic sites and museums are showcasing Alberta's rich heritage.
These attractions ensure a steady stream of guests for motels throughout the year, making it a lucrative business prospect.
The motel industry in Alberta offers promising profit margins and returns on investment due to:
Alberta's motels offer a blend of profitability and growth potential for those seeking investment opportunities in the hospitality sector. Discover a range of options, from quaint, family-run motels to larger, more modern facilities, at FindBusinesses4Sale's listing of motels across Canada.
The Alberta motel market is diverse, offering various properties catering to different preferences and business objectives. From quaint establishments in small towns to larger motels in bustling cities, the province has a variety of options to choose from.
Motels for sale in Alberta are spread across various locations, each offering unique advantages:
Urban areas like Edmonton and Calgary appeal due to higher tourist footfall and business travelers.
Scenic rural locations near national parks and outdoor attractions are ideal for tourists seeking nature-based experiences.
Small towns and roadside locations, perfect for catering to road trippers and transient guests.
Discover unique investment opportunities in different parts of Alberta, like the charming motels for sale in Killam, Alberta, known for their community charm and hospitality.
The pricing and size of motels in Alberta can vary significantly based on location, amenities, and property condition.
For those looking to invest in a region with a blend of natural beauty and community feel, explore the motels for sale in Sundre, Alberta.
Investing in a motel in Alberta requires careful consideration of various factors, including the property's location, size, and potential for growth. Understanding these aspects is crucial for a successful investment, whether a small, family-run establishment or a larger, more commercial venture. Delve into diverse opportunities, such as the motels for sale in Two Hills, Alberta, each offering unique business growth and profitability prospects.
Evaluating various factors is essential to ensure a sound investment when considering motels for sale in Alberta. These factors range from the physical state of the property to its financial performance and market position.
A combination of tangible and intangible factors determines the value of a motel in Alberta:
Tangible Aspects: Land value, building size, and physical assets.
Intangible Aspects: Brand value, customer loyalty, and operational efficiency.
Growth Potential: Future expansion possibilities and scalability.
For insights into specific market opportunities in the region, consider exploring motels for sale in Three Hills, Alberta, known for their scenic locations and community appeal.
Running a motel in Alberta involves risks and challenges that must be managed effectively for sustained success.
To address the challenges of seasonal fluctuations in Alberta's motel industry, strategies like offering off-season discounts, targeting business travelers, and hosting events during quieter periods can help maintain a steady flow of guests year-round.
Diversifying revenue is key to the motel business's resilience. Adding services such as dining options, local tours, or event spaces can attract a wider clientele, bolstering income outside peak seasons.
Effective staffing and operation management are crucial. This involves recruiting skilled staff and providing ongoing training to ensure service excellence. Implementing efficient booking, housekeeping, and maintenance systems is essential for smooth operations and guest satisfaction.
COVID-19 hit Alberta's motel business hard, just like quarantines and travel restrictions did worldwide. Lots of tourists and business travelers stopped coming. Occupancy rates dipped, and many motel owners felt the pinch in their wallets. Yet, the crisis sped up some changes. Motels began using touchless technology and paying closer attention to cleaning and safety. Some motels changed their game, staying open for longer stays or serving as places for people in isolation to keep some money coming in.
As things change, recovery is slowly happening. More locals are traveling, and the love for road trips and nature-focused getaways is growing. Motels can cater to these needs well. We're still figuring out how COVID-19 will impact Alberta's motel business in the long run. But adapting and staying strong is essential moving forward.
Buyers should also consider unique market conditions in different regions, such as motels for sale in Rimbey, Alberta, which might offer different challenges and opportunities in the current climate.
As we reflect on the current landscape and prospects of the motel industry in Alberta, it's evident that this sector is not just surviving but thriving. Alberta's unique blend of natural beauty, cultural richness, and economic stability creates a fertile environment for the motel business, offering a spectrum of opportunities for buyers looking to get into the hospitality industry.
Several promising factors shape the future of Alberta's motel industry:
For new owners entering the Alberta motel market, the landscape is ripe with possibilities:
Market Niche Identification: New owners can identify and tap into niche markets, catering to specific traveler needs such as adventure tourism, luxury experiences, or family-friendly accommodations.
Community Engagement and Partnerships: There is potential to foster stronger ties with local communities and businesses. Collaborations can lead to mutually beneficial partnerships, enhancing the motel’s appeal and contributing to regional tourism growth.
Adaptation to Changing Traveler Demands: Keeping pace with evolving traveler preferences, such as the desire for unique and authentic experiences, can set a motel apart. Personalizing guest experiences and offering tailored services can significantly boost a motel's reputation and customer loyalty.
Strategic Investment and Renovation: New owners can look into strategic investments, such as renovating existing properties to improve their appeal or investing in technology to enhance operational efficiency. These improvements can significantly impact the motel's profitability and market position.
The Alberta motel industry offers a canvas for innovation, growth, and success. The blend of a robust tourism sector, technological advancements, and a focus on sustainability and community engagement presents a unique opportunity for new owners. Those looking to buy an Alberta motel can look forward to a rewarding and prosperous journey in the hospitality industry.
Tired of sifting through countless websites? Your search for the perfect business ends at Find Businesses 4 Sale. We've crafted a comprehensive platform that stands as Canada's one-stop destination for business and commercial property listings. No more jumping between sites – everything you need is right here.
Why Choose Find Businesses 4 Sale?
Zero-Cost Membership: Free for buyers.
Extensive Listings: Canada's largest range of business-for-sale options, all in one place.
Custom Dashboard: Keep track of your top picks easily.
Navigational Tools: Seamless, guided browsing experience.
Valuation Tool: Use our free Business Value Calculator for smart decision-making.
Your Three-Step Journey:
Founded by professionals who experienced the frustration of time-consuming business searches, Find Businesses 4 Sale streamlines the process by compiling the most relevant information from multiple industry sources. We've transformed the motel buying experience, making it easy for future motel owners in Alberta to find exactly what they want.
Ready to step into the world of Alberta motel ownership? Join now, and let's get started.
The general price range for motels for sale in Alberta can greatly vary based on multiple factors such as location, size, and condition. However, typical prices range from around 1 million to over 10 million CAD.
You can verify the legal details and authenticity of motel sales in Alberta by contacting the Alberta Real Estate Association or a qualified real estate lawyer. They can help ensure all necessary documents are present and correct.
Yes, non-Canadian citizens can buy a motel in Alberta. However, they need to comply with certain regulations, including having a valid work permit or proving the investment will positively impact the Canadian economy. It is recommended to seek advice from professionals familiar with the process, such as a real estate lawyer and accountant.
Before purchasing a motel in Alberta, you should consider the location, the local real estate market, and the potential return on investment. You should also factor in maintenance costs, staffing needs, local regulations and zoning laws.
Successfully managing a motel business in Alberta involves implementing effective strategies and practices. Some key tips include hiring a reliable and skilled staff, providing excellent customer service, implementing efficient marketing and promotional strategies, maintaining the property well, staying updated with industry trends, and fostering positive relationships in the local community. Creating a positive guest experience and maintaining a strong reputation in the market is essential.
https://www.ibisworld.com/canada/economic-profiles/alberta/
https://industry.travelalberta.com/research/tourism-indicators/
https://www150.statcan.gc.ca/n1/daily-quotidien/230118/dq230118e-eng.htm
https://www.ibisworld.com/ca/industry/alberta/hotels-motels/15224/
Discovering the best deals on Motels in Alberta requires thorough research. Take into account factors such as location, size, amenities, and future growth potential. Explore the three most popular offers:
Travel Agency at 11902 100 Street , Travel Agency at 5505 Highway 12 W and Travel Agency at 4403 118 AV NW .
The average price of Motels in Alberta is influenced by various factors. On average, prices range from $1,314,778. However, conducting a comprehensive market analysis is essential to grasp specific pricing trends in your desired area.
Find comprehensive information about Motels in Alberta on Find Businesses 4 Sale! Explore our catalog of offers, and if you have any questions, feel free to contact us; we're here to help! Meanwhile, consider checking out the three newest listings:
Travel Agency at 11902 100 Street , Travel Agency at 5505 Highway 12 W and Travel Agency at 4403 118 AV NW . .
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