4 Star Boutique Hotel For Sale

www.GlobalBX.com

Listing ID: 700270291

Listing Title: 4 Star Boutique Hotel For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=270291

Industry: Hotels and Holiday Accommodation

Industry Segment: Hotels

Country: Germany

State / Province:

Area

City: Düsseldorf

Asking Price Range: $10.0M - $20.0M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 1997

Number of Employees: 10 - 19

Business Description:
Boutique-hotel ''four star'' for sale in Düsseldorf. First-class hotel was built in 1997. 6 floors. The hotel has 60 rooms, including 3 Grand Suites. Perhaps an increase in the number of rooms has 50-60 rooms. Five conference rooms, ranging from 18 to 140 sq.m. One restaurant with Italian cuisine, terrace, beer garden, bar, lounge, fitness center. Large parking for cars. Düsseldorf City - the capital of the federal state of North Rhine-Westphalia and the residence of the land Düsseldorf district government. The population - 592.4 thousand people (as of 2011).. The first mention of Düsseldorf refers to 1135, the city status - from 1288. Located in the center of the Rhine-Ruhr and the European Economic Area, Düsseldorf - along with Berlin, Frankfurt, Munich and Hamburg - is among the five largest economic, transport, cultural and political centers of Germany. In it are the headquarters of many large companies, including E.ON and Henkel Group. The city's airport is an international hub. In Düsseldorf, there are two harbors, as well as numerous institutions of higher education, in particular the Düsseldorf Academy of Arts and the University of Heinrich Heine. The hotel is well racpolozhen 8 minutes from Düsseldorf International Airport and 15 minutes from the city center. He is very popular among businessmen and at conferences and celebrations outside the city limits. at cost - 10 million euros. The commission is 5.95% of the purchase price, including 19% VAT. The owner manages the hotel itself. The reason for selling - retirement. Average room price - 80 euros. High occupancy rate at 80%. The documents are ready to deal. Additional information is available upon request.



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