Wedding & Event Venue Business With Land For Sale In Alberta
Fitness, recreation & events · Red Deer · Owner retiring · Seller financing · 193 days listed
Olds, AB · 51.78°N 114.10°W
Fitness, recreation & events business for sale in Olds
Listed as “Olds Mayfair Cinema”Under offer
Price
Asking price$425,000
Multiple6.8× SDEwell above comparable listings
Comparables2.6×–5.4×median 3.8× · 11 Fitness, recreation & events listings
6.8×
0×typical 2.6×–5.4× · median 3.8×7.8×
Asking prices on listings with disclosed SDE, not sale prices. Valuation calculator for Fitness, recreation & events
Earnings
Revenue$177,487
SDE / cash flow$62,594
EBITDANot disclosed
Business
IndustryFitness, recreation & eventsMore fitness, recreation & events businesses for sale in Canada
LocationOlds, Alberta
Employees3
EstablishedNot disclosed
Days listed377
Sale
Reason for saleOther reason given
Seller financingNot offered
CSBFP loanMay fitasset purchases only, with at most $150K toward goodwill — confirm with a lender
Score
- Price35— well above comparable listings
- Disclosure83— 5 of 6 key facts published
- Financing75— may fit a CSBFP loan
- Handover70— reason for sale given
- Red flags−10— one red flag
- OverallD51/ 100 — grade D
Weighted price 40, disclosure 30, financing 20, handover 10; minus 10 per red flag not already counted. A 85+ · B 70+ · C 55+. How we grade
Red flags
- Priced well above comparable listings6.8× SDE against a 3.8× median for fitness, recreation & events.
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