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Businesses For Sale   >>   Italy Businesses For Sale

Hotel Five Stars - 336 Rooms

Location  Italy
Asking Price Range  > $35.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2014
Number of Employees  35 - 49
Relocatable  Not Disclosed
Number of Employees  35 - 49
Real Estate  Owned

Description  
Total living area - 32 756 sq.m, 5 floors + 2 underground floors, the upper sixth floor is occupied by a terrace and technical facilities. Floor -2: the total area of the floor - 8 100 sq.m. there are dance hall, five conference rooms, kitchen, garage. Floor -1: the total area of 6 800 sq.m. there are five meeting rooms, the offices, the SPA center. First floor: the total area is 2800 sq.m, a lobby, reception, two restaurants, a kitchen, four meeting rooms. Floor 2nd, 3rd and 4th: total area - 14 056 sq.m., 336 guest rooms, Executive lounge. Sixth floor: the total area of 1 000 sq.m, terrace, technical premises. Rooms are divided in the following way: Double-double rooms - 143, each area of 30 sq.m.; Royal rooms - 149, each area of 30 sq.m.; Superior rooms - 15, each area of 31 sq.m; Junior suites - 16, each area of 35 sq.m.; Superior Junior Suite rooms - 4, each with area of 40 sq.m.; Deluxe rooms - 8, each with an area of 54 sq.m.; Presidential Suite 1, 120 sq.m. The hotel is in the finishing process and its construction will be completed by September 2014, except furniture. Estimated costs of furniture at the amount of 5 000 000 8 000 000 Euro. There is a possibility of renewal of the loan on the property in the amount of 55 000 000 Euro, the loan is issued for 30 years at a subsidized rate. There is a possibility to request hotel management, profitability in this case will amount to 6-7 % per annum on invested capital. Commission fee is included in the price of the object. The documents are ready to deal. Additional information is available upon request.


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