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Thriving Boutique Hotel
- Mar 26th, 2025 at 23:29| 27
Ad Details
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Thriving Boutique Hotel
- Montréal
An exceptional opportunity to acquire a fully operational and highly regarded boutique hotel in the heart of historic Old Montreal. This established hotel, "Hotel St. Paul," boasts a strong reputation, loyal clientele, and consistent revenue streams. Ideal for investors seeking a turnkey hospitality business with significant growth potential in a prime tourist destination.
Key Features:
Number of Rooms: 28 uniquely designed guest rooms/suites, each with a blend of historic charm and modern amenities.Amenities: Restaurant "Le Vieux Port Bistro" with a fully equipped kitchen and liquor license, a stylish lobby bar, a small fitness center, and a rooftop terrace with panoramic views of Old Montreal.Building Size: Approximately 18,000 sq ft on a 5,000 sq ft lot.Year Built/Renovated: Originally built in 1880, fully renovated in 2018, preserving its historic facade and interior details.Occupancy Rate: 82% average annual occupancy.Online Presence: Strong online presence with high ratings on Booking.com, Expedia, and TripAdvisor.Staff: Experienced and dedicated staff of 35, including management, culinary, and hospitality teams, in place.Licenses & Permits: All necessary licenses and permits are current, including a full restaurant and liquor license.Financials: Detailed financial statements available to qualified buyers upon signing a Non-Disclosure Agreement (NDA).Location: Prime location on Rue Saint-Paul Ouest, in the heart of Old Montreal, walking distance to Notre-Dame Basilica, the Old Port, and numerous restaurants, shops, and attractions.Parking: Valet parking available.Highlights:
Turnkey operation with established brand and reputation, "Hotel St. Paul" is a well-known name.Strong financial performance and growth potential, especially during peak tourist seasons.Prime location in a popular tourist destination, Old Montreal, with high year round traffic.Unique and stylish design that attracts discerning guests seeking a historic and luxurious experience.Opportunity for expansion or further development of the rooftop terrace for events.Includes all furniture, fixtures, and equipment (FF&E), including the restaurant and bar inventory.This is a rare opportunity to acquire a successful and profitable boutique hotel in a thriving and historically rich area. Serious inquiries only. Qualified buyers are encouraged to request a detailed information package and schedule a property tour. Financial details will be provided upon signing an NDA.