Luxury Hotel for Sale in Toronto, Canada
For sale: 4.5-star luxury hotel with 185 rooms, 85% occupancy, conveniently located near the airport.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Other |
| Reported Sales | USD 7.9 million |
| Run Rate Sales | USD 8 million |
| EBITDA Margin | 30 % |
| Industries | Luxury Hotels |
| Locations | Toronto |
| Local Time | 12:27 PM America / Chicago |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
79 million
(Native Currency: CAD 110,000,000)
Reason: The promoter wants to invest in another venture.
The advisor will be charging a 3% success fee from...
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Includes physical assets worth
USD
79 million
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Business Name
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Documents
Certificate of Incorporation
(204.0 KB)
Business Overview
- Located in Toronto, the hotel is recognized as a luxury 4.5-star destination appealing to both locals and international tourists.
- Achieves a commendable occupancy rate of 85%, signifying strong demand and consistent customer satisfaction.
- Licensed to serve food and alcohol, offering guests a comprehensive dining and nightlife experience onsite.
- Features a spa facility, enhancing the overall guest experience with relaxation and wellness services.
- Supports economic growth and provides employment for 100 staff members, underpinning its reputation as a major player in the local hospitality industry.
- Accommodation is the primary service offering, driving major revenue as the top-selling service for visitors.
- Strategically positioned in Toronto close to the airport, the hotel benefits from a central location in one of Canada's premier cities, attracting diverse clientele.
- Achieves a commendable occupancy rate of 85%, signifying strong demand and consistent customer satisfaction.
- Licensed to serve food and alcohol, offering guests a comprehensive dining and nightlife experience onsite.
- Features a spa facility, enhancing the overall guest experience with relaxation and wellness services.
- Supports economic growth and provides employment for 100 staff members, underpinning its reputation as a major player in the local hospitality industry.
- Accommodation is the primary service offering, driving major revenue as the top-selling service for visitors.
- Strategically positioned in Toronto close to the airport, the hotel benefits from a central location in one of Canada's premier cities, attracting diverse clientele.
Products & Services Overview
The business is a luxury 4.5-star hotel, with accommodation as the top-selling service for locals and tourists.
Assets Overview
Tangible assets:- Land.
- The building.
- All equipment, furniture, fixtures and fittings.
- At the entire hotel set up.
Facilities Overview
Operates from an owned facility:- Total area - 60,000 sqft, 9 floors and has 185 luxury rooms.
- Has multiple restaurants and a well-known Japanese restaurant.
- Located 3 kilometres from the Toronto Airport.
Capitalization Overview
No loans or debt.Multiple partners and shareholders.
Recent Activity
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Earlier than 15 daysManaging Director, Real Estate Investment Firm, Toronto, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysBroker, Real Estate Brokerage, Toronto, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysIndependent Real Estate Broker, Richmond Hill, Commercial Real Estate Broker connected with the Business
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Contact Business
1 Buyer contacted this Business this month.
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