Fully Licenced, Established Hotel For Sale
Location Malta
Asking Price Range $1.0M - $2.5M
Gross Revenues $90000
Net Profit / Cash Flow $90000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 6 - 9
Inventory Yes
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Yes
Reason for Sale Retirement
Description For sale. Three Star Apart hotel for sale in Xlendi Bay, Gozo, located just minutes away from the seafront. Offering 12 fully equipped individual hotel rooms (all with en suite bathrooms/shower), 2 studios complete with kitchen/dining room combination and 10 one bedroom apartments that can accommodate up to 4 persons comfortably.
All areas of the property are easily accessible to persons with special needs. This is a fully licensed and established ongoing business that can offer a complete package to both divers and non-divers, creating work year round. Also includes a fully equipped and very nicely furnished bar/restaurant at street level and has potential for the construction of 2 further floors plus a roof-top swimming pool. Owner wants to semi retire. Partnership considered. Tel. (00356) 99499596
Click Here To Contact Seller
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