38 Bedroom Hotel With Restaurant
Location France
Asking Price Range $500K - $1.0M
Gross Revenues $147000
Net Profit / Cash Flow $50000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1980
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Description ASKING PRICE - 556 500 EUROS. TURNOVER - 147 000 EUROS. Well positioned in the centre of the historic pilgrimage town of Lourdes, just 2 m inutes from the sanctuaries, this Hotel/Restaurant (38 bedrooms, 120 covers) is well presented and offers more than 1,600mAý of habitable area.
This imposing Hotel/Restaurant, built in 1900, is laid out over five storeys, with a lift and a total of 38 bedrooms all with en suite shower or bath and wc.
On the ground floor, the large entrance hall and reception leads into the cafe/restaurant. The restaurant welcomes both residents and passing trade.
The annual accounts show a good business with a turnover of around 300 000 euros. These are available on demand. There is a private apartment for the owners.
This Hotel is situated in Lourdes close to the sanctuaries, 30 minutes from the ski slopes, 40 minutes from Pau airport and 1h45 from Toulouse airport. Email or call 0033 624 654 794 for more information on this Hotel & Restaurant for sale.
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