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The Four - Star Hotel.
Location: Spain -> Barcelona
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

The four-star hotel in the centre of Barcelona. The hotel has 80 rooms. Several conference rooms and halls for celebrations. Cafe-restaurant. 25 Parking spaces. Reconstruction was carried out in 2010. The hotel is in good condition. Barcelona is the second most populous city in Spain, the capital of the Autonomous region of Catalonia and the province of the same name. Port on the Mediterranean sea 120 km from the French border. The largest industrial and commercial center of Spain. One of the most important tourist destinations in European routes. The population of Barcelona is 1,615,908 (INE 2008). Barcelona is the second most populous city in Spain after Madrid and the tenth in the European Union. In the suburbs of the city there are 3 186 461 inhabitants, and the province of Barcelona has 4 928 825 inhabitants. In 1992 Barcelona hosted the summer Olympic games. In 2004, the world cultural forum 2004 was held in Barcelona. In March 2010, Barcelona became the capital of the Mediterranean Union, which includes 43 countries. The hotel is located in Gran Via Diagonal. The cost of the hotel is 27 500 000 euros. Yield - 6.5 % per annum. There is a hotel operator. The contract with him concluded until 2028, with the possibility of its termination in favor of the owner. Sale due to retirement of the owner. The documents are ready to deal. Additional information is available upon request.


Financials

Asking Price Range:  $20.0M - $35.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1985
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

Photos

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The Four - Star Hotel. Photo 1




Print Listing Id: 700336160
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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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