East Coast Family Seaside Hotel
Location United Kingdom
Asking Price Range $500K - $1.0M
Gross Revenues $50000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1975
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Other business interests.
Description Work got you down? Looking at retirement? Change your lifestyle and live next to golden sandy beaches. Early 1900's detached 7 bed en-suite hotel. Old Victorian oak paneling with inlaid sepia prints in hallways and reception, low beams to bar and restaurant, with spiral staircase. Sleeps 19 guests. South facing with sunny patio, adjacent to beaches and just a short walk to local attractions and theatre. Excellent repeat trade and enviable trading record. Traded as a hotel for over 30yrs and with current owners for 9 seasons. Only trading for 6 moths a yr so massive potential to increase t/over from œ35,000 whether it's Christmas, New Year, Valentines, Mohers Day & Fathers day. School holidays and festivals. Suit husband / wife team for change of lifestyle, semi retirement or complete satisfaction of getting out of the rat-race. Imagine living in your own home with no commuting to work. Just breakfast and optional dinners. Offers invited around œ395,000. Email or call Tel (+44) 01754765168 for more information on this Hotel for sale.
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