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C.403.680.6130  |  francisleemaxwell@gmail.com

VERY PROFITABLE FRANHISE HOTEL IN SK

Listing Serial No.
FH1453599144
Description

1. The subject property is a 101 room hotel complex and  6,126 Sqft freestanding

restaurant that were constructed in 2000  at 2.75 Acres land. The subject has an excellent destination/retail location.

 

2. Area

Xxxxxxx, also known as the “Hub City” refers to its favourable central location in the province of Saskatchewan and the population is total of 284,000 including the bedroom communities .  With steadily growing infrastructure, natural resources,

research and development, and a well‐educated workforce it has been Canada’s fastest growing city three years in a row according to Statistics Canada.

 

3. Economy background

 

Agriculture is not the only thing providing prosperity to the province. Xxxxxxx  is an ideal central location for distribution and logistics and is associated with various grains, livestock, oil and gas, potash, uranium, gold, diamonds, coal and their spin off industries. Xxxxxxxxx’s location provides a gateway for these industries for several reasons. Employees are able to travel by air to northern mines, and goods can be transported to northern mines through a diverse road network. Xxxxxxxx is also a central location in Western Canada for access to west coast ocean ports serving international markets.

Tthe international head offices for the world’s largest publicly traded uranium company,

Cameco, and the world’s largest potash producer, Potash Corporation. Areva Resources Canada Inc,BHP Billiton, the world’s largest vertically integrated mining company.

 

4. Revenue

 

 Year        Room           Restaurant Lease,         Other                Total

 

 2012       $ 4,221,247,               $253,291                      $27,091                  $4,501,629

 2013         $,4146,115                $212,920                      $24,496                   $4,383,521

 2014         $4,144,510                $252,919                       $22,750                  $4,420,180

 2015         $3,640,522                $265,342                       $20,100                   $3,925,964

CONFIDENTIALITY AGREEMENT
RE : FH1453599144

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 24 day of August, 2017.

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Acceptance of CONFIDENTIALITY AGREEMENT

  I agree.


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