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Andreas Hotel And Dragons Den Hotel For Sale

Watson Lake, Yukon Territory, Canada
Asking Price:
$7,000,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,400,000 (CAD)
Cash Flow:
$500K - $2.5M (CAD)

Andreas Hotel and Dragons Den Hotel are owned and operated buy one company located in Watson Lake, Yukon Territory. Andreas hotel is open year round and the Dragons Den Hotel is closed during the winter season.

We have 81 rooms and we use some for staff. We have a grocery store and a laundry matt, two bars and two restaurants which are both open all summer. We also have a liquor off-sales in the hotel. We are located in the middle of town along Alaska highway (Highway #1) known to be the Gateway To Yukon for travelers coming from the southern provinces of Canada and the US. and around the world to see the world famous sign post forest
on the map in the pictures is there are 5 red balloons representing the businesses that are all in the sale

We have a very high rate of tourists every year at least 2 million tourists from around the world pass through Watson Lake every year and we service over 1 million of them. Being the gate way to the Yukon we have the Northern Lights Center and the world famous and historical Sign Post Forest. Even with the existing pandemic restrictions and regulations brought about by COVID-19, our facilities continue to be fully operational as granted permission by the Territorial Government through the its Health Ministry. We are completely COVID-19 Regulation compliant.

In addition to all these, the Company, through its 10 years of business has acquired several properties and has ventured into other business activities which are either operational or in the works for completion and operation. Just to name a few are a fully operational farm with livestock, recreational grounds and cabin and a slaughter house and egg grading facility, a completely built cannibiss store under process for licensing, a construction company with its own fleet of trucks and numerous heavy equipment machineries, a towing company and a gas bar that has its own convenience store and auto repair shop that is currently on build and operation status. Properties include a number of industrial, commercial and residential lots all strategical situated for future ventures.
As well dragon construction can get government work on highways buy way of bid process the government is spending 168,000,000 on the nihanni road and dragon construction is set up to bid on all of the work in and around watson lake area also the new gustation will open in july/august and will be more income and the cannibiss store is almost done finale licensing and will open in late april. 2021.
All revenue on this sale is only from the hotels. The cannibiss retail store will be extra cash and the gas station well be extra cash flow. And the revenue from dragon construction will also be extra revenue
This company is set to double in the next 2 years bringing the net worth near 30 million .
In and economy that is starting to boom
There is also a room in the hotel that can be used as a pharmacy and we need one in town.
All interested buyers must sign a NDA none discloser agreement

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Camirchel lot with two bedroom house on the Alaska highway prime lot
Also comes with 2 camichel lots and1 residential lot all are large lots cleared of trees and ready to build on all prime locations

Location:

Prime Commercial Land Area in the Middle of Watson Lake YT famously know as the Gateway to Yukon & the North. also home of the world famous sign post forest
yukon is with out a doubt the healthiest place on earth cleanest water and air in the world and mostly covied 19 FREE and of feb 24 over 75% are vaccinated already free of charge

Premises Details:

Must be seen in person large parking lots both sides of hotel can ask for video live walk around previews of each business there are 5 businesses and a small farm for sale all in one deal

Size in square feet:
1000mx1000m

Business Operation

Expansion Potential:

Expansion with be of ease as location is very business strategic with enormous potential earnings with all subsidiary ventures.

Competition / Market:

Not much. there is plenty of room for this company to grow almost no competition in any field
example there is no pharmacy in town and there is a exstermy big need for one and Andreas has the space to have one or the new owner can make a deal with the First Nations and get tons of work with the band for dragon construction this would bring in millions

Reasons for selling:

Retiring getting to old to keep up place is to busy for us now

Trading hours:

24 hour

Employees:
14 and 20 in summer
Years established:
Built in 1984 and Completely renovated in 2011 to 2013

Other Information

Support & training:

All staff are trained on site with a supervisor. We also do theYukon nominee program for foreign workers in house with no agents. A turn key operation is offered by the seller with prior respect to buyer's preference.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

yes with large down payment

75% down with 1% interest over 15 years. OR best offer ALL POTENTIAL BUYERS MUST SIGN A NDA (none discloser agreement ) before receiving any details

Furniture / Fixtures value:
$12,500,000 (CAD) - included in the asking price
Inventory / Stock value:
$582,000 (CAD) - included in the asking price
Website:
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Home based:
This business can be run from home.

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