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Luxury Country Inn For Sale

Rocky Mountain House, Alberta
Asking Price:
$3,800,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$250K - $500K (CAD)

Take a look at this remarkable turnkey full-service country inn on 60 acres of stunning creek side property. It boasts an impressive repeat clientele of raving fans and offers 16 luxury suites and cottages, a licensed restaurant, an executive meeting facility and staff residence, all within an easy 2-hour drive from Alberta’s largest cities.

The property has 8 buildings totaling 17,157 sq. ft. including 6 executive cottages, the Main Inn with 7 luxury suites, the 50-seat restaurant and meeting room, the Coach House with 3 suites and a staff residence. All have been constructed within the past 6 months to 13 years and boast exceptional design and finishing in keeping with some of Canada’s best resorts and getaway destinations.

Now in its 14th year of operation, this well-run business has a reliable management contract in place and earns yearly revenues from $900,000 to $1 million in the past 3 years, an enviable $270 ADR and a 11% cap rate. It is also positioned for immediate expansion with development permits and the necessary infrastructure to reap even greater returns.

This hidden gem is known as an ultimate getaway destination for couples, corporate groups, weddings, and individuals wanting a beautiful natural setting without travelling far. As a premier member of the Charming Inns & Small Hotels of Alberta, the business is a major player in Alberta’s tourism and hospitality marketplace.

This is a dream buy for the astute investor, developer or hotelier wanting an outstanding turnkey business opportunity, future development potential or dependable passive income.

If interested, please contact the seller through the form on this page. Explain who you are and why you are interested in this business.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

1,200 sq. ft. owner's residence in Coach House Building
Chef’s studio quarters in Restaurant Building

Location:

17 km S of Rocky Mountain House, 2 hrs from Calgary & Edmonton, 1 hr West of Red Deer

Premises Details:

The property borders Prairie Creek, a popular fishing stream, and features 8 well designed quality constructed buildings totaling 17,157 sq ft from 6 mos to 14 years old. They include 6 self contained cottages, 9 luxury suites, 1 apartment, and 1 staff accommodation. All units have fireplaces, private decks/balconies, bathrooms and upscale decor.

The business is located on 60 acres of beautiful recreational land in the new David Thompson Country tourism region in West Central Alberta. The area features the renowned Rocky Mountains to the west and a plethora of beautiful landscapes, rivers and streams, forests, trails, fishing and recreational activities that attract thousands of tourists annually.

Business Operation

Expansion Potential:

Development permit in place to build 2 more cottages with strong county support for additional growth – ie. Resort amenities, RV park, wedding centre, recreational housing development.

Competition / Market:

No serious competitors in immediate area. Positioned highly in the Alberta marketplace as "one of Canada's top 10 romantic getaway destinations" (CTV).

Reasons for selling:

Retirement

Trading hours:

Open year round

Employees:
10 - 12
Years established:
13 ½ years in operation

Other Information

Support & training:

Owners willing to provide up to 3 months support and training

Financing available:

Possible owner financing available up to 10% of asking price

Website:
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