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Two Star Hotel For Sale
Location: Spain -> Palma Nova
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

Two star hotel in Palma Nova (Mallorca island). The hotel has 231 rooms. Each room has a terrace. Game room. A restaurant and a bar. Outdoor swimming pool with terrace, sun loungers and umbrellas. The hotel is a popular destination for British tourists.

Palma Nova is a tourist town in Spain on one of the largest Balearic Islands - the island of Mallorca, in the municipality of Calvia. It is located 15 kilometers from the capital of the island - Palma de Mallorca and the international airport Son Sant Joan. The hotel is located near the resorts of PalmaNova and three minutes from the beach. The cost of the hotel - 22 000 000 euros. The documents are ready for the deal. Additional information is available upon request and upon signing of the LOI by the potential buyer.


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:  1998
Number of Employees:  35 - 49
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

Photos

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Two Star Hotel For Sale Photo 1




Print Listing Id: 700343089
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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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