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Hotel Chain.
Location: Spain -> Palma
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

A chain of 13 hotels in the Balearic Islands. 13 hotels of category 3 and 4 stars. The total number of rooms is more than 2 100. The Balearic Islands are an archipelago in Spain in the West of the Mediterranean sea, near the Eastern shore of the Iberian Peninsula. The four largest Islands are Mallorca, Menorca, Ibiza and Formentera. The archipelago is an Autonomous community and province of Spain with its capital in Palma de Mallorca. Most hotels are close to beaches and bays. The cost of all 13 hotels - 280 000 000 euros. Company for sale. There is no statement. The average annual occupancy is more than 80 %. The documents are ready to deal. Additional information is available upon request and upon signature by the buyer of L. O. I.


Financials

Asking Price Range:  > $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:  1997
Number of Employees:  100 - 200
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

Photos

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Hotel Chain. Photo 1




Print Listing Id: 700336161
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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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