New Hotel For Sale
Location Hungary
Asking Price Range $2.5M - $5.0M
Gross Revenues $2000000
Net Profit / Cash Flow $1200000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2006
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Reason for Sale Retirement.
Description Hotel investors: investment opportunity in Budapest. New 4-Star Hotel looks for private investors for an 80-room expansion financing and ownership at Hotel Casasol, Budapest, Hungary. Total investment offer: 4.0 MEuros. A share price is 750 Euros.
The hotel is located close to favorite tourist attractions, 10 minutes bus ride to all sightseeing, cultural and shopping centers. The bus stops right next to the building. Located within 3 km to main tourist centers, close to Ring Boulevard.
The hotel will expand with 70 new rooms, each 28 sqm, All rooms are spacious, with king-size or 2-single-bed room units. Equipped with cable-TV, mini-bar, telephone, internet access, and modern bathroom with tube or shower. All rooms have hairdryer, toilet, make-up mirror. We forecast 10-12% total return, and good cash-in opportunities. The hotel expansion is planned on the adjacent land to the current 40-room hotel. Please feel free to ask any questions, or ask detailed business plan.
Click Here To Contact Seller
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