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Downtown Bed & Breakfast For Sale
Location: Hungary -> Budapest
Industry: Hotels and Holiday Accommodation > Guest Houses / Bed and Breakfast




Business Summary

Downtown Bed&Breakfast for sale in Budapest, Hungary
In the heart of Budapest, next to the West Railway Station, there is an 8 room en-suite
downtown b&b for sale. It is located on the first floor of a very authentic, 100 years old
Budapest mansion.
It has a bespoke website, and is rated by the local authorities as three stars.
The Guest House currently benefits from repeat business and is utilised by several
international web hotel search companies. All year round tourist destination.
The design and outlook follows the modern mainstream,although it is a very impressive
combination of the old architecture and the trendy facilities.
The rooms are unusually spacious in all dimensions thanks to the classic designers.
The ceiling is 3.6m high and the average size is 25sqm./room!
The guestrooms are all en-suite(5 with shower,3 with bathtub),and all are equipped with
flat-screen tv,and refrigerator.
The size of the property is 251sqm. It may be split to 3 separate flats in case of need.
The property has very unique layout and features to be used either as a flat or a B&B.
Probably this is one of the reason why there are only a few competitors on this market
in Budapest.
Why is it a prosperous investment?
The real estate is located in the center,next to the main boulevard. It is full of restaurants ,
shops, theatres, bars. The green spot on the Danube river, called Margarate Island is within
a reach. It is beloved as a sport,relaxation and cultural place.
There is a high demand on flats and apartments in this area.
The revenue from the b&b activity is very promising.
The property was fully refurbished in August 2008.
The current owner will provide a complete handover service including training and
contacts within the industry.
The price: 350.000 Euro (Furniture/Fixtures and Inventory/Stock included)
Email or call:+36705984982


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

Photos

View Larger Photo(s) Of Business
Downtown Bed & Breakfast For Sale Photo 1 Downtown Bed & Breakfast For Sale Photo 2




Print Listing Id: 700118788
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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