Hotel In Italy For Sale
Location Italy
Asking Price Range $2.5M - $5.0M
Gross Revenues $10000000
Net Profit / Cash Flow $10000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1950
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Description Building 5-storeyed from a stone. Floors ceramic. Ceilings - a majolica. Doors - wooden. Quantity of rooms - 75, (58 bathsrooms, other numbers with a shower).
Each room is provided with a bathroom or a shower, a direct dial telephone, and a color TV-set. Bar, lift, reading arcade, game arcade, TV-room, breakfast room, private parking lot, garden. 9 rooms for the personnel. Quantity of clients - 136-150. The hotel area - 3,100 sq.m.
Cubic capacity - 50000 cubic metres.
The ground (a parking, a garden) - 2600 sq.m.
The Building is constructed in 1950.
Repair and reconstruction was in 1975. The subsequent repairs, as that: replacement of pipes, electroconductings etc. made in strict conformity with specifications and under the control of architecturally-building management.
A hotel condition is good (five categories of an estimation). The hotel for sale is profitable, makes good profit. The hotel is located on the road, connecting two capital, past - Florence and present - Rome, in the middle. There is a co-ordinated and confirmed rebuilding plan of hotel according to which on its roof it is provided to construct spa.
All property is estimated in 5 800 000 euros (with all contents). The hotel makes good profit, works only since Easter to the middle of October (6 months), but it is possible to work more months in a year then also the profit considerably will increase. Strategic calculation such: if the hotel in Florence or Rome costs a day 180-200 euros, number price in this hotel only 50 euros for the person (into cost enters 3-time food).
There are 2 ways of increase of profit:
1. Increase an operating time of hotel till 10 months and more.
2. Increase of a payment for living.
Price: 3 500 000 EUR
Email or contact us on Skype vidperlalv, for more detailed information.
Click Here To Contact Seller
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