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4 Star Hotel.
Location: Italy -> Milan
Industry: Hotels and Holiday Accommodation > Hotels

Business Summary

Five floors. The hotel has 48 rooms, reception, bar, restaurant, 2 conference rooms.
The hotel is close to the Fiera Milano exhibition complex, the Castello Sforzesco, Parco Sempione, w / d stantsiiey Cadorna (international airport ''Malpensa'' is connected to the city center railway line ''Malpensa Express'' from Cadorna station) and the metro. Located in the heart of Milan, in a favorable location for business and leisure, shopping, art exhibitions and theme park.The average annual hotel occupancy rate is 85%. 20% of annual income (net income - 6%). Sold the building and business. Number of employees - 10 people. Mortgage possible - 55 % of personal assets and 45 % of the credit, with payment of 600,000 euros per year. For financials interested purchaser must provide a letter of intent (LOI) to owners of the hotel. Cost at 14 700 000 euros


Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $4,060,000
Cash Flow:   $1,000,000
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  2008
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned


View Larger Photo(s) Of Business
4 Star Hotel. Photo 1 4 Star Hotel. Photo 2 4 Star Hotel. Photo 3

Print Listing Id: 700206712
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

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