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Hotel For Sale - 4 Stars
Location: Italy -> Milan
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

7 floors. Total area, excluding the outer part and Park ) - 4560 sq.m Year built - 1975, but the hotel was fully renovated. Year of last renovation: 2013. All pipes and boilers were replaced in 2013. Electrical system was replaced in 2011.
82 Rooms. Single - 23 units. Double - 46. Triple - 13. Large rooms of the hotel are Soundproofed, air-conditioning, a TV and a well-stocked Minibar. Wi-Fi.
The hotel restaurant offers a wide choice of typical local dishes and regional Italian cuisine. - Lounge bar - Well-equipped fitness centre - SPA centre with sauna and swimming pool - private Parking - Shuttle service from the hotel to the airport.

Conference centre. 3 conference halls for 200 seats is equipped with wireless Internet, a specialized audio and video appliances. Audience 1 - ''Vienna''. Accommodates up to 60 people. Room 2 - ''Ibiza''. Accommodates up to 60 people. Room 3 - ''Europe''. Accommodates up to 150 people.
Tennis courts and 2 Golf courses are located in the surrounding area. Discounted rates are available.

Situated in the residential district, 7 km from the centre of Milan , close to the A50 . Good transport links and free Parking. The hotel is about a 15-minute drive from Linate airport. Turnover hotel in 2012 was EUR 1,500,000. Cost of the hotel is 5 million Euro.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $2,037,152
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1975
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

Photos

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Hotel For Sale - 4 Stars Photo 1 Hotel For Sale - 4 Stars Photo 2




Print Listing Id: 700211164
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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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