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Spa Hotel
Location: Germany -> Bavaria
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

SPA hotel in Bavaria.
The hotel has 83 rooms. The total area is 4 300 sq.m. + Underground parking. The area of ​​the land plot is 5 000 sq.m. Bavaria - a free state and land in the south and south-east of the Federal Republic of Germany (FRG), is the largest land in the FRG. Administrative division: seven administrative districts - Upper Franconia, Middle Franconia, Lower Franconia, Upper Palatinate, Lower Bavaria, Upper Bavaria, Swabia. The capital city is Munich. Bavaria has the largest economic and scientific potential among the 16 federal states of Germany and is leading in terms of economic growth (in 1985-2005, Bavaria's GDP increased by 28.2%, and on average in the country by 14.6%). The cost of the hotel is 9 500 000 euros. Commission fee - 3% of the cost of the object + VAT - 19%. The hotel was leased for 20 years by a well-known management company.

The annual income is about 500 000 euros. Profitability - 5.26% per annum. The documents are ready for the deal. Additional information is available upon request.


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1990
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

Photos

View Larger Photo(s) Of Business
Spa Hotel Photo 1




Print Listing Id: 700308955
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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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