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Hotel Chain 3 Hotels
Location: Spain -> Palma De Mallorca
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

For sale 3 hotels under not management on the famous Mallorca Island, Spain, with connections flights to main european destinations. The hotels are fully functional operational from 1965, last refurbisment year 2005, over 800 rooms with social club, restaurant and many leisure areas and super locations nearby beach.

Hotel 8 - rooms 198, built area 8,500 sqm, price 9.520.000€. Price per room 48.080€. 2005, last refurbisment year construction 1965. Staff 2 full time permanent contract 37 ond part time. Location; 300 meters from sea 5 km from Palma airport; Arenal Beach.

Hotel 2 - 4 stars 184 rooms, 12 storeys built area price 18.000.000. Price per room 90.909€. 2004 last refurbisment. Staff. 14 km from Palma on a hill overlooking Magaluff Beach, 25 km from airport.

Hotel 7 - 3 stars 423 rooms 20.096 sqm. Price 20.340.000. Price per room 48.085€. 2005 last refurbisment. Staff. Area El Arenal Beach, 250 m from beach.

Please for further information send confidential letter signed on your company headed paper, together with your full company or contact details. Please be informed that finance will be only avaliable for 50% of the property valuation.
Selling price of the full portfolio 47.000.000 mill euro, we act under direct sales mandate from owner and our fees are paid by business owner. Please don't send email unless you are direct interested party or final purchaser. Contact for more information on this Hotel Chain for sale.


Financials

Asking Price Range:  > $35.0M
Gross Revenues:   $500,000
Cash Flow:   $500,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1965
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Avaliable first year even guarantee income.
Reason For Selling:  Owner has invested in South America and wants to move all its business over there.

Photos

View Larger Photo(s) Of Business
Hotel Chain 3 Hotels Photo 1 Hotel Chain 3 Hotels Photo 2 Hotel Chain 3 Hotels Photo 3




Print Listing Id: 70087924
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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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