0 N A, Whitecourt
- Living area: 22000 square feet
- Type: Commercial
- Added: 239 days ago
- Updated: 190 days ago
- Last Checked: 15 hours ago
Located at the entrance of Whitecourt, this franchise hotel boasts both profitability and exceptional investment value. Situated on 2.2 acres of prime land, the property features 62 guest rooms, including 6 suites and 14 kitchenette rooms, a 60-seat lounge with 10 VLTs, a 92-seat restaurant, and a 60-seat banquet room with a party room accommodating 4 pool tables. The guest rooms cater primarily to long-term stays, with a focus on clientele from the oil and gas industry, while the bar and restaurant attract both locals and visitors alike. Since the onset of COVID-19, there has been a steady increase in revenue and income. The current owner has been operating the business for a decade since 2014 and is now looking to retire. With a staff of 18 employees, the business recorded $1.55 million in revenue for the fiscal year ending February 2023. (Given that the fiscal year for this corporation ends at the end of February, the revenue reported in the 2023 financial statements largely represents that of 2022.) (id:1945)
Property DetailsKey information about 0 N A
- Year Built: 1979
Interior FeaturesDiscover the interior design and amenities
- Living Area: 22000
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 0 N A
- Lot Size Units: square feet
- Lot Size Dimensions: 95396
Business & Leasing InformationCheck business and leasing options available at 0 N A
- Business Type: Accommodation
Tax & Legal InformationGet tax and legal details applicable to 0 N A
- Parcel Number: ZZ999999999
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Nearby Listings Stat
Active listings
80
Min Price
$4,600
Max Price
$3,995,000
Avg Price
$651,019
Days on Market
230 days
Sold listings
18
Min Sold Price
$44,900
Max Sold Price
$599,900
Avg Sold Price
$240,378
Days until Sold
104 days
