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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 with locals (Olds college and other businesses) and with workers. The motel presents with total of 37 Guest rooms with a combination of variety of the room types including 17 Kitchenettes and incredibly well maintained two story owner’s home within the premises. The owner’s living area is equipped with 4 bedroom, a large living area and kitchen, just like a two story house. Mint condition, well organized and Very profitable business with a stable income stream Motel is waiting for a new owner. Please do not show up to the motel without the prior arrangements. Please do not disturb the business and the seller and his staff.
** Courtesy of MaxWell Capital Realty
* 43 ROOMS LOCATED IN GOOD TOWN
* GOOD REVENUE AND EASY OPERATION
* A LOT OF POTENTIAL
* VERY GOOD PRICE
** Courtesy of CIR Realty
* NEWLY WELL BUILT SUPER 8 IN VERY GOOD TOWN, HARDISTY
* 64 ROOMS WITH 21 KICHENETT
* BEST HOTEL IN TOWN
* ONE OF OIL STORAGE IN ALBERTA
* GIBSONS PETROLEUM TANK FARM POSSESSES APPROXIMATELY 14 MILLION BARRELS OF STORAGE, COMPRISED OF 43 TANKS AT FOUR SEPARATE TERMINAL.
** Courtesy of CIR Realty
* 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.
* 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(GOOGLE REVIEW 4.3)
* EASY OPERATION
* OWNER RETIRING
** This is a share sale.
* 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, construction workers, and travellers
* Most customers are long term customers
* Winter time, about 8 monthly rents and summer time, about 15 monthly rents(5 rooms are rented out throughout a year)
* Easy operation(currently manager operating)
* A water tank replaced in 2022 and a dryer replaced in 2023
* 2 full capacity boilers, so do not worry about boiler problem
* Convenient location for customers between liquor store and seven eleven
* Good cap rate
* Owner retiring
* WELL ESTABLISHED BUSY MOTEL
* 41 ROOMS(17 KITCHENETTES)
* 2 BEDROOM LIVING QUARTERS
* ASPHALT NEWLY PAVED ON THE PARKING LOT IN 2023
* CUSTOMERS INCLUDE WORKERS, TRAVELLERS, AND HUNTERS
* TOWN INDUSTRY: OIL, GAS, AND LOGGING
* EASY OPERATION
* OWNER RETIRING
* RIGHT BESIDE SUBWAY RESTAURANT
* ON HWY 33
* Busy motel at the excellent Location on Hwy 13 at the centre of oilfields
* Very stable and steady business records
* Major customers are long-term company customers (oil & industrial crew)
* Many hunters in autumn (20 min to a famous hunting ground)
* Optimal size for family business (27 rooms / 6 kitchenettes incl.)
* 2-bed room manager’s suite
* Well maintained & One-owner’s long-term directly operated (13TH business year of current owner)
* Many recent updates including roof replacement
* Excellent Customer Review (Expedia 8.8)
** This is a share sale.
* WELL MAINTAINED BUSY MOTEL
* 20 ROOMS(8 KITCHENETTES)
* 3 BEDROOM LIVING QUARTERS
* LOT SIZE: 1.42 ACRES
* PRIME LOCATION OF THE TOWN
* STEADY SALES
* EXTRA LAND READY FOR YOUR FUTURE PLAN
* EASY OPERATION
* OWNERS RETIRING
* MAIN INDUSTRIES OF TOWN: OIL, GAS, FORESTRY
* BUSY MOTEL
* 64 ROOMS (42 KITCHENETTE ROOMS)
* A LOT OF RENOVATIONS DONE
* LOT SIZE: 1.22 ACRES
* TOWN INDUSTRY: OIL, GAS, FORESTRY
* MAIN BENEFICIARY OF OIL INDUSTRY RECOVERY
* OWNERS RETIRING
* VERY WELL MAINTAINED MOTEL
* 52 ROOMS (22 KITCHENETTE ROOMS)
* 2 BEDROOM MANAGER SUITE
* BUILT IN 2005
* LOT SIZE: 1.95 ACRES
* MAIN INDUSTRY: OIL AND GAS
* OWNERS RETIRING
* 31 ROOMS
* ROOM SALES: $450,277
* RENTAL INCOME: $7,685+GST
* LOT SIZE: 1 ACRE
* CITY POPULATION: 65,589