Welcome to a thriving business opportunity nestled in the heart of Waskesiu Lake, Prince Albert National Park. Spanning over 5 acres of pristine landscape, this property boasts 53 charming cabins, a 2-storey motel with 8...
Save this Listing
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
L
M
U
W
Featured Business Brokers
Welcome to a thriving business opportunity nestled in the heart of Waskesiu Lake, Prince Albert National Park. Spanning over 5 acres of pristine landscape, this property boasts 53 charming cabins, a 2-storey motel with 8...
Save this Listing
Asking Price : $5,800,000
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) : 3,584
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
This well-maintained motel in Lloydminster, Saskatchewan, boasts a prime location along Highway 16, capturing the attention of non-stop traffic. It's strategically positioned as one of the first lodging options for trave...
Save this Listing
Asking Price : $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) : 13,415
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Amazing property with a full service motel with a restaurant located in the center of Unity. Unity is well known for oil activities and heart of agricultural center. Population over 2600, Unity is located at the intersec...
Save this Listing
Asking Price : $2,430,000
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) : 24,124
Monthly Rent/Sq. Ft. : $2,430,000
Lease: # Years 0 # Renewals 0
ESTABLISHED LICENSED FAMILY RESTAURANT & MOTEL - WELL MAINTAINED AND OPERATED BUSNESS - WAWOTA WILLAGE INN & MOTEL - 3380 SQ.FT Restaurant built in 1983 plus L-Shaped Motel on 1.23 Acres Restaurant has an open main dinin...
Save this Listing
Asking Price : $585,000
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) : 3,380
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Welcome to the Heart of the West! This amazing property is located on Highway 18 between the West and East Block of the Grasslands National Park and is the only Motel in the area. Mankota is a great place to live and bri...
Save this Listing
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) : 10,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
The diverse economic landscape of Saskatchewan is a fertile ground for motel industry ventures. Its motels for sale are often strategically positioned to benefit from this diversity, with some located on major thoroughfares such as the Trans-Canada Highway, presenting an undeniable advantage in consistent customer traffic. This location element exponentially increases the attractiveness of motels in areas like Balgonie, which enjoys a steady influx of travelers.
More than mere stopover points, many motels are ingrained into the fabric of their communities. A perfect example is the 16-room establishment in Lucky Lake, which underscores the significant role motels play in rural areas of Saskatchewan. These community-centric businesses not only provide essential services to travelers but also act as integral components of the local economy.
Access to a tried-and-tested customer base, thanks to strategic locations.
Community integration, with motels playing a significant role in local economies.
Economic contribution from key sectors enhancing motel industry sustainability.
An excellent opportunity beckons for entrepreneurs and investors looking to enter a market with significant growth potential, where the purchase of a motel can offer a consistent income and the chance to become part of a prosperous community. The hospitality sector, particularly room motels or rooms motels with guest rooms, has shown resilience across economic cycles. With an increasing demand for quality accommodations, Saskatchewan's thriving tourism and business travel sectors underline the strategic importance of investing in this domain.
The benefits of owning a motel in Saskatchewan are numerous and appealing. Notably, the province's robust economic growth, bolstered by projects like the West Side irrigation development, increases the demand for guest rooms. Motel investment is also enhanced by Saskatchewan's strategic location, burgeoning industries, and an influx of business and leisure travelers seeking comfortable and convenient lodging.
Stable customer base with year-round demand.
Profitability potential even during economic downturns.
Access to an expanding market through economic diversification.
Opportunities to scale and expand operations.
Prospective buyers must pay attention to several fundamental aspects to ensure a successful venture into the world of motels for sale in Saskatchewan.
Identifying Ideal Locations for Motels in Saskatchewan
Location acts as the keystone in the hospitality business. A motel's site influences its accessibility to travellers and its potential to generate revenue. When reviewing motel for-sale options, investors should consider properties that provide a balance of visibility to passersby and accessibility for ease of travel. Prime real estate, such as corner lots in bustling cities or proximity to well-travelled highways, ranks high on the desirability scale.
For motels on the market, it's critical to analyze historical financial data and project future earnings. Motels with diversified revenue streams, including features like VLTs, bars, off-sales, and room rentals, offer a robust business model.
Potential buyers should thoroughly assess expense reports, occupancy rates, and the cost of potential renovations to gauge the true value of their investment. A report from CBRE indicates that Saskatchewan is expected to see a 6% growth in Revenue Per Available Room (RevPAR) in 2024, driven by cities like Saskatoon and Regina
Prospective motel owners must evaluate the competition to identify how a particular establishment stands out. Does it offer unique amenities, better pricing, or a more appealing location? Saskatchewan boasts a range of lodging options, from quaint, rural motels to more sophisticated, cabin-style accommodations, like the Kenosee Inn & Cabins, each catering to different market segments.
Analyze customer demographics for targeted marketing strategies.
Evaluate the potential for seasonal or event-based promotional opportunities.
Consider the scalability of the business for future expansion or development.
By carefully considering these factors, investors can confidently navigate the promising marketplace of motels for sale in Canada, including Saskatchewan, looking forward to becoming a renowned name amongst the province’s hospitality offerings.
Embarking on the path to owning a room motel or larger rooms motel in the vibrant Saskatchewan motel real estate market requires a strategic approach. Each step, from initial research to sealing the deal, lays the foundation for a successful venture into the motel business for sale in Saskatchewan.
Delving into comprehensive market research is paramount to understanding the current demand and assessing the potential of motel investments. It informs the decision-making process, highlighting areas with a high influx of tourists or business travelers that could benefit from additional lodging options.
Finding the right property is simpler with access to a listing service offering a curated selection of motels. Engaging with commercial REALTORS® specializing in Saskatchewan's hospitality industry can provide exclusive insights and access to promising investment opportunities.
When considering a motel business for sale in Saskatchewan, a detailed evaluation of the property's financial performance and state is vital. It highlights profitability and investment risk, facilitating an informed purchase decision.
Securing the necessary capital is critical in the acquisition process. To facilitate this, liaising with financial institutions or investors with a keen understanding and experience with funding room motel and rooms motel ventures in the region is essential.
The last phase brings all the preparatory work to fruition, where seasoned professionals guide through the legalities and logistics of the transaction. Ensuring a smooth process avoids future complications, paving the way for a seamless ownership transfer and a promising start in the motel industry.
Delving into the motel properties market in Saskatchewan reveals complex legalities and regulations that necessitate due diligence and expert guidance. Before making the exciting leap to buy a motel in Saskatchewan, investors must comprehensively understand the statutory landscape governing such establishments. Engaging with competent legal professionals specializing in commercial real estate is not just a recommendation; it's a critical step to ensuring a seamless and secure investment.
Buying a motel requires understanding provincial licensing requirements. Motel buyers must obtain liquor licenses, and VLT permits to meet provincial regulations, vital for the business's daily management and financial success.
The purchase and sale agreement represents the backbone of the transaction when you are ready to buy a motel in Saskatchewan. This document outlines all pertinent details, rights, and responsibilities, detailing the obligations of each party and safeguarding interests. Recognition and adherence to this agreement's clauses are paramount to a successful acquisition, reinforcing the importance of professional legal oversight.
Legal Consideration |
Details |
Licensing Requirements |
Comprehensive understanding of the process to obtain and maintain liquor licenses and VLT permits. |
Zoning Regulations |
Analysis of land use laws to ensure the property's compliance with municipal and provincial zoning bylaws. |
Health and Safety Codes |
Adherence to health and fire safety standards to protect guests and employees. |
Environment Regulations |
Compliance with environmental regulations, particularly with waste management and conservation efforts. |
Contractual Elements of Purchase |
Inspection and negotiation of agreement terms, covering indemnities, warranties, and covenants. |
With expert advice from seasoned professionals like those at Find Businesses 4 Sale, buyers can confidently and smoothly pursue motel ownership in Saskatchewan. Focusing on understanding the legal aspects simplifies the buying process and sets a solid base for investing in a motel in Saskatchewan.
The hospitality sector in Saskatchewan presents a robust and promising horizon for buyers. With a keen eye on the diverse economic growth across the province, the motel market stands out as an excellent opportunity within the commercial real estate landscape. The blend of accessibility to major tourist sites and the province's natural allure continues to drive the demand for quality lodging, positioning motels as a strategic choice.
Looking ahead, the Saskatchewan motel industry is poised for a dynamic evolution. According to IBISWorld, Saskatchewan's Hotels & Motels industry is projected to grow annually, with an expected increase in industry establishments and employment. Particularly, accommodations in areas close to outdoor paradises like Moose Mountain Provincial Park and the shores of Lake Diefenbaker are predicted to see heightened demand.
The Saskatchewan motel real estate sector provides an opportunity to enter a resilient and growing market within the hospitality industry. Motel ownership in Saskatchewan, Canada, offers entrepreneurial success and profitability potential. With sound investment practices and support from seasoned property specialists, buyers can tap into the latent potential of Saskatchewan's motels.
Tired of sifting through countless websites? Your search for the perfect motel in Saskatchewan ends at Find Businesses 4 Sale. We've created 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 Calculators 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 to find exactly what they want.
Ready to step into the world of motel ownership in Saskatchewan? Join now, and let's get started.
The types of motels for sale in Saskatchewan vary widely, from smaller, budget-friendly establishments to larger, more upscale properties. They can be located in major cities, small towns or rural areas and may include additional amenities like pools, restaurants or meeting rooms.
You can find the ideal motel for sale in Saskatchewan according to your requirements by conducting online research on real estate platforms, consulting with local real estate agents, and seeking advice from motel business owners in the area. Prioritize location, pricing, and property state in line with your needs and budget.
The price range of motels for sale in Saskatchewan varies widely depending on the size and location but typically ranges from around $500,000 to over $3 million.
Before purchasing a motel in Saskatchewan, consider factors such as location, potential profitability, condition of the property, and the local market demand. Additionally, understand the regulations and licensing requirements in Saskatchewan.
You should perform a detailed financial analysis considering the revenue streams (e.g., room sales, food and beverage services), operational costs, current occupancy rates, and growth potential. As seen in motels with add-on services like VLTs and restaurants, diverse revenue streams can enhance financial stability.
https://www.ibisworld.com/ca/industry/saskatchewan/hotels-motels/18253/
Discovering the best deals on Motels in Saskatchewan requires thorough research. Take into account factors such as location, size, amenities, and future growth potential. Explore the three most popular offers:
Motel at 801 Lakeview DRIVE , Motel at 4711 44 Street and Motel at Junction Of Hwy 21 & 1st .
The average price of Motels in Saskatchewan is influenced by various factors. On average, prices range from $2,142,800. However, conducting a comprehensive market analysis is essential to grasp specific pricing trends in your desired area.
Find comprehensive information about Motels in Saskatchewan 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:
Motel at 801 Lakeview DRIVE , Motel at 4711 44 Street and Motel at Junction Of Hwy 21 & 1st . .
Register Now to get the most details on businesses/commercial properties.
×See your dream business.
Congratulations!