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Businesses For Sale   >>   Hotels Businesses For Sale

Freehold 18 Bed Hotel, Restaurant & Bar Bedrooms

Location  United Kingdom
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $1153000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  The vendor is happy to provide support and training for the new owner to ensure a smooth handover of ownership.
Reason for Sale  To concentrate on other business activities.

Description  
Freehold 18 bed Hotel, Restaurant & Bar Bedrooms all ensuite, wedding venue suite, two conference rooms & entertainment room - all in circa 8 acres with gardens and waterfalls, outstanding scenery and views Ref.AC273 Location Northern Ireland Asking Price 2,825,000 This superb and reputable family run Hotel has been a landmark in this unique location for many years. Situated on a main road the Hotel offers guests comfortable accommodation with spectacular views overlooking the nearby river. The Hotel is centrally located close to to many tourist attractions so is ideally situated for the many visitors that flock to the area. The high quality food, service levels and accommodation guests receive from the staff at the hotel ensures it has very good occupancy rates all year round. The Hotel has 4 meeting and conference rooms attracting businessmen for many miles to use the facilities. The largest conference room accommodates up to 500 and is ideal for larger presentations and gala dinners. As well as being used for overnight accommodation and business conferences the hotel is also a most popular venue for Weddings, Big Band evenings and other celebrations. Thirty Five Weddings are booked for this year 2010, with circa 180 people per wedding at an average spend of 30 per head. Friday nights are Big Band nights which draw in approx. 500 people, bringing in excellent revenue from the bar sales. The Big Band night is not operated during the peak wedding season. The conference and function suites currently account for more than 50% of the turnover, whilst the restaurant provides first class food, fine wine and attentive service in relaxing surroundings. Plenty of on site off road parking is available for the convenience of the guests.


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