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1092 – Country Hotel – Land, Building & Business $3,500,000

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This is a delightful, extremely well maintained and very profitable country hotel and bar within commuting distance of Calgary. The facility had a $1,000,000 renovation to the entire complex with new HVAC, new boiler, new electrical, plumbing and roof. Completed building was “outsulated” with new siding and windows. Most recently, the roof has been replaced.

There are 2 kitchens – the main is an open kitchen on the bar side with fully equipped prep. Second kitchen is next to the loading dock. All kitchen equipment is owned by the Vendor. All new flooring, tables and bases, & chairs. New dance floor and stage, fireplace and conversation area. The washrooms have just been re-done. They have 1 satellite dishes, 24 TVs and an ATM. They have 10 VLTs. Hotel has 10 rooms which were recently renovated show extremely well. Must be seen to be appreciated.

 

Sales: Gross sales: Sales Pre-Covid were $2M per year; presently $1.2M

Size in sq. ft. 17,428 sq. ft.

No. of Seats: 751

Number of parking stalls: First-come, first-served basis in back plus on-street

Financing: Treat as clear title

Style of cuisine: Full menu – pub food

Customer Demographics: Locals; lots of regulars, travelers, acreage owners in area, regular clients from Calgary

Type of service: Table

Hours of operation:
11 am – close

Number of employees:  Approximately 24 – mixed full-time and part-time and depending on the season

Property information:

Property taxes for 2019 were $15,650.34

Land size: 19,500 sq. ft.

 


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