Profitable Select-Service Hotel
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This profitable select-service hotel in Lloydminster, SK represents a well-positioned hospitality investment opportunity in a strategically important regional market. The property has undergone extensive capital improvements totaling over $2.45 million in the past decade, demonstrating the current owner's commitment to maintaining a competitive asset.
Key Capital Investments:
- $1.4 million exterior renovation enhancing curb appeal and structural integrity
- $750,000 complete pool and deck redevelopment with new HVAC systems
- $300,000 conversion from central boiler to individual PTAC heating and cooling units
- Recent guest room renovations and updated hallway carpeting (2024)
- Restaurant and meeting room flooring improvements (2022)
- Kitchen equipment upgrades (2024)
- Select room conversions to higher-end configurations
Market Position:
Lloydminster's hospitality sector benefits from stable, workforce-driven demand tied to the region's core industries including oil and gas, agriculture, transportation, and construction. This creates a more predictable revenue base compared to tourism-dependent markets, with consistent occupancy supported by repeat corporate travel and project-based crews.
The city serves as the primary commercial center for surrounding rural communities, while maintaining a relatively limited hotel supply compared to larger urban markets. This market dynamic supports sustainable occupancy levels and positions the property for long-term investment performance.
Operational Advantages:
- Absentee owner operation demonstrates systematic management potential
- Recent mechanical and infrastructure upgrades reduce near-term capital requirements
- Established customer base with documented revenue history
- Strategic location in a stable, industry-supported market
This turnkey hospitality investment offers the opportunity to acquire a well-maintained asset in a market characterized by consistent demand fundamentals and limited competition. Financial details are available to qualified buyers upon execution of a confidentiality agreement.
Key Capital Investments:
- $1.4 million exterior renovation enhancing curb appeal and structural integrity
- $750,000 complete pool and deck redevelopment with new HVAC systems
- $300,000 conversion from central boiler to individual PTAC heating and cooling units
- Recent guest room renovations and updated hallway carpeting (2024)
- Restaurant and meeting room flooring improvements (2022)
- Kitchen equipment upgrades (2024)
- Select room conversions to higher-end configurations
Market Position:
Lloydminster's hospitality sector benefits from stable, workforce-driven demand tied to the region's core industries including oil and gas, agriculture, transportation, and construction. This creates a more predictable revenue base compared to tourism-dependent markets, with consistent occupancy supported by repeat corporate travel and project-based crews.
The city serves as the primary commercial center for surrounding rural communities, while maintaining a relatively limited hotel supply compared to larger urban markets. This market dynamic supports sustainable occupancy levels and positions the property for long-term investment performance.
Operational Advantages:
- Absentee owner operation demonstrates systematic management potential
- Recent mechanical and infrastructure upgrades reduce near-term capital requirements
- Established customer base with documented revenue history
- Strategic location in a stable, industry-supported market
This turnkey hospitality investment offers the opportunity to acquire a well-maintained asset in a market characterized by consistent demand fundamentals and limited competition. Financial details are available to qualified buyers upon execution of a confidentiality agreement.
About the Business
- Facilities & Assets
- BUILDING DETAILS
- 96-room, concrete construction
- Restaurant where guests enjoy full continental breakfast
- Bar lounge which includes license for 6 VLTs
- Microwave, Keurig machine and fridge in every room
- Free Wi-Fi
- Common guest laundry room
- Air-conditioned rooms
- Business centre
- Fitness gym
- Pool, waterslide and hot tub
- Meeting space
ROOM TYPES
Single King – 21
Single Queen – 13
Two Queens – 39
Two Queens Deluxe – 10
Single Queen Accessible – 1
Two Double Beds – 12 - Website
- https://bcminns.com/locations/hotel-in-lloydminster-sk/
- Market Outlook / Competition
- The long-term performance of hospitality assets in Lloydminster is supported by workforce-driven demand tied to the region’s core industries: oil and gas, agriculture, transportation, and construction. Unlike tourism-dependent markets, hotel occupancy here is largely generated by repeat corporate travel, project-based crews, and regional business activity, which provides a more stable and predictable demand base throughout the year. Combined with the city’s role as the primary commercial centre for surrounding rural communities and a relatively limited hotel supply compared to larger urban markets, these factors support consistent occupancy levels and position hospitality assets in Lloydminster for durable long-term investment performance.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
Listing Info
- ID
- 2496797
- Listing Views
- 6
Attached DocumentsAttachment Disclaimer
BCMI Lloydminster (Compressed).pdf
Business Location
Listing ID: 2496797 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
