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C.403.680.6130  |  francisleemaxwell@gmail.com

HOTEL IN BC

Listing Serial No.
FH1499284240
Description

1.      Location :

  Located in  SE of B.C. at the foothills of the famous Canadian Rocky Mountains, Xxxxxxxxk is an outdoor enthusiast’s dream with some of the most picturesque golf courses, ski  hills and lakes in the Province.. The City is also just 15-minutes from the Canadian Rockies International Airport which offers direct flights to Vancouver and Calgary. Via car, Xxxxxxxx  is a 9 hour drive to Vancouver and a 2 hour drive to Calgary.Xxxxxxxx is the largest urban centre in the East Kootenay Region with a population of some 20,000 people and enjoys a reputation as having the most sunshine in all of B.C.

 

2.      Property Description :

 Originally built in 1969   Complete renovations done in 2015 by spending over  $2,100,000 90 room hotel  offers a number opportunities to grow top-line performance and                   profitability including leveraging the recent renovation to grow RevPAR as well as several leasing  opportunities. There are two vacant food and beverage outlets as well as an  

attached 5,000 SF  conference centre which is currently not in use and could be operated or leased to a third party.Additionally, the 4th floor of the Property is unimproved and could potentially be converted to  additional hotel rooms or apartment suites for short or long term rentals.

 

3.      Revenue :  First year after renovation 2016 : $1,2234,328 , 2017 Projection: Over $1,600,000 based on 6 months revenue.

CONFIDENTIALITY AGREEMENT
RE : FH1499284240

I hereby acknowledge that information regarding above business(es) and /or Seller(s) is being provided to me SECRECY and CONFIDENCE and is to be used solely for the purpose of assessing the prospective purchase of the business(es) or property through Maxwell South Star Realty Francis Lee.

I agree that such information will be held in strict confidence, that all matters concerning the a aforementioned property will be handled through Maxwell South Star Realty Francis Lee, that I will not approach or attempt to deal with the owners or employees either directly or indirectly.

I agree not to disclose any of the information given in connection herewith, either directly, or indirectly, to third parties, except direct support people; nor will I use, or assist others to use, any such information for competitive trade purpose or to circumvent Maxwell South Star Realty in any transaction or contact with the Seller(s). I agree not to make copies any of the material provided and to return all of it if I discontinue interest in the Business. The material and information furnished is believed to be reliable for the purpose of evaluating the business.
Further, I agree that all inquires, investigations, negotiations, offers to purchase, and/or letters of intent must be made through Maxwell South Star Realty Francis Lee. I agree to protect and not disclose the confidentiality of the information I receive permanently, even if I choose not to purchase the said business or property.

I agree that any breach of the Confidential Agreement (the “Agreement”), directly or indirectly, will be harmful to the Seller(s) and Maxwell South Star Realty . In consideration for the information given, I agree that the laws of Alberta will govern this Agreement and that all actions that may arise in law and or equity shall be brought in Alberta

Accepted and agreed this 19 day of January, 2017.

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Acceptance of CONFIDENTIALITY AGREEMENT

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