Turn-Key Hotel with Land Near Gros Morne National Park: A Prime Tourist Investment.

A busy tourist area is at the door; this Gros Morne National Park hotel lies in the very heart of Gros Morne National Park, Newfoundland – a UNESCO World Heritage Site. The property was built in 2001 and is in a peaceful retreat setting. The hotel has 40 air-conditioned rooms, which include 3 Junior Suites (2 with Jacuzzi and fireplaces) and 2 handicap-accessible rooms. It has its guests well-equipped with a restaurant capacity of 88 seats, a large banquet space that caters to about 253 people and a meeting room that accommodates about 129 attendees capacity.

Extra amenities include a bar lounge, fitness room, hot tub, BBQ hut, and fire pit by a stream. This property is situated close to popular attractions like Western Brook Pond Marine Center Discovery Center and Deer Lake Airport, which offers immense potential for business growth.

Business Type: Motel/Hotel

Location: Gros Morne National Park, Newfoundland 

Asking Price: $3,500,000 CAD (approx. $2,547,352 USD)

Ideal Investor Fit:

• Hospitality Industry Professionals: Individuals or companies with experience in managing hotels or resorts who are looking to expand their portfolio in a prime tourist destination.
• Tourism Entrepreneurs: Investors interested in capitalizing on the thriving tourism industry in Newfoundland, particularly those seeking to operate near a UNESCO World Heritage Site.
• Real Estate Investors: Investors looking for a turnkey property with land and a well-maintained building, offering immediate revenue potential with room for business growth.
• Eco-Tourism Developers: Investors interested in expanding into eco-tourism, with opportunities to leverage the hotel’s location near Gros Morne National Park and its natural attractions.

Next Steps

Sobirovs Law Firm specializes in assisting foreign investors who are buying a business and planning to relocate to Canada. You can focus on your business while we focus on your permanent residence and, ultimately, your citizenship in Canada.

If you are interested in this or any of our other listings, complete the form below to learn more about the business purchase and immigration process.