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Businesses For Sale   >>   Hotels Businesses For Sale

4 Star Hotel.

Location  Italy
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $4060000
Net Profit / Cash Flow  $1000000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2008
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned

Five floors. The hotel has 48 rooms, reception, bar, restaurant, 2 conference rooms. The hotel is close to the Fiera Milano exhibition complex, the Castello Sforzesco, Parco Sempione, w / d stantsiiey Cadorna (international airport ''Malpensa'' is connected to the city center railway line ''Malpensa Express'' from Cadorna station) and the metro. Located in the heart of Milan, in a favorable location for business and leisure, shopping, art exhibitions and theme park.The average annual hotel occupancy rate is 85%. 20% of annual income (net income - 6%). Sold the building and business. Number of employees - 10 people. Mortgage possible - 55 % of personal assets and 45 % of the credit, with payment of 600,000 euros per year. For financials interested purchaser must provide a letter of intent (LOI) to owners of the hotel. Cost at 14 700 000 euros

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