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Businesses For Sale   >>   Italy Businesses For Sale

Commercial Premises - Acting Rental Business

Location  Italy
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $0
Net Profit / Cash Flow  $812000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1996
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased

Description  
Commercial premises, the total area of 300 sq.m. acting rental business, in the centre of Milan. The premise is on three floors: the first, second and a basement. Efficient design, ceilings 3.5 meters. Great new cabinets, continuous glazing around the facade. Repair is made in the corporate style of the tenants. The premises occupied by well-known tenants. The premise is located in the centre of Milan, in Corso Torino, with high level of traffic that leads from the Piazza del Duomo to the Columns of San Lorenzo. The annual rent is 600 000 Euro. Duration of contract: 12 + years 6 years, concluded in February 2012. After 12 years, the annual rent will amount to 800 000 euros. Additional information is available upon request and with the signing of the LOI and NDA potential acquirer. Value of the object is 11 550 000 euros.


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