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High Yield Four Star Hotel
Location: Germany -> Bochum
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

The hotel is a four-star, high-yield, in Bochum.

Four floors. 108 rooms, including 4 suite. All rooms have a private bathroom. Decoration from natural materials. 5 meeting rooms, restaurant, bar, terrace, lounge, fitness center. 226 parking spaces. The hotel is located in the suburb of Bochum.

Bochum-city in Germany, one of the four centers of the Ruhr Area in North Rhine-Westphalia. Center Middle Ruhr region, together with the cities of Hattingen, Herne and Witten. The city's population - 375,200 inhabitants (as of 2010). The population of the Middle Ruhr-750,000 people. The city is known Ruhr University.

The cost of the hotel-4.25 million euros. Yield-7.5% per annum. Annual revenue is 320 000 euro. The hotel is leased to well-known hotel chain. Leasing contract is valid until 2023, with an extension option of 2x5 years. The commission is 5.95% of the purchase price, including 19% VAT. The documents are ready to deal. Additional information is available upon request and upon the signing of the LOI the prospective buyer.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1997
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

Photos

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High Yield Four Star Hotel Photo 1




Print Listing Id: 700270621
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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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