Three Star Hotel For Sale

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Listing ID: 700224011

Listing Title: Three Star Hotel For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=224011

Industry: Hotels and Holiday Accommodation

Industry Segment: Hotels

Country: Italy

State / Province:

Area

City: San Remo

Asking Price Range: $10.0M - $20.0M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 1999

Number of Employees: 10 - 19

Business Description:
Three star hotel-residence, with direct access to the beach, in San Remo. In addition to rooms, the hotel has several types of apartments, decorated in a marine style, with a kitchen, safe, direct dial telephone, TV and Parking garage. Apartments of four types: A, B, C, and D, where D is one. But all the rest are one bedroom. On the ground floor: 3 rooms with veranda, 2 two-bedrooms, and one one-bedroom apartments. On the second floor: 7 two-room apartments and one Studio. On the second floor: 7 two-room apartments and one Studio. On the fourth floor: 7 two-room apartments and one Studio. On the fifth floor: 7 two-room apartments and one Studio. Only 3 hotel rooms and 35 apartments. Bar and restaurant with professional kitchen. In the garden restaurant has tables. There is an underground garage for 14 cars and Parking at the main entrance to the hotel. The hotel is located on the boardwalk in the tourist area, two steps away from the best beaches and the Casino San Remo. Have own gardens, direct access to the beach and the bike path “Riviera”. In summer, the occupancy rate at the end of 2012: June -75 %, July - 90 %, August - 100 %. The documents are ready to deal. Additional information is available upon request. The cost of the hotel is 8 950 000 Euro. Contact for more information on this three and holiday for sale.



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