4-Star, Full-Service Hotel; Growing Revenues and Outstanding Location

Business Description

Located on a busy highway in a vibrant area of NB, this established, meticulously-appointed hotel is busy in all-seasons and has a consistent record of growing revenues. Strategically located near transportation hubs and year-round attractions, it boasts top-quality amenities and all services including a restaurant, bar, banquet/ meeting facilities and indoor heated pool. The property is in mint condition with major renovations completed in April 2020. An opportunity for a seasoned hotelier or as an acquisition.

Details

Business ID: ATLA0025
Business Category: Accommodation and Food Services
Location: New Brunswick
Financing: Available
Status: Available

Financial Information

Asking Price: $ 9,900,000
Gross Revenue: $ 4,300,000
SDE: $ 999,000
FF&E (included): On request
Inventory: $ 22,000
EBITDA: On request
Down payment: On request
Occupancy Cost: On request

Business Presented By
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