High Yield Four Star Hotel
www.GlobalBX.com
Listing ID:
700270621
Listing Title:
High Yield Four Star Hotel
Quick Link:
http://www.globalbx.com/listing.asp?bId=270621
Industry:
Hotels and Holiday Accommodation
Industry Segment:
Hotels
Country:
Germany
State / Province:
Area
City:
Bochum
Asking Price Range:
$2.5M - $5.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
EBITDA
Year Established:
1997
Number of Employees:
20 - 34
Business Description:
The hotel is a four-star, high-yield, in Bochum.
Four floors. 108 rooms, including 4 suite. All rooms have a private bathroom. Decoration from natural materials. 5 meeting rooms, restaurant, bar, terrace, lounge, fitness center. 226 parking spaces. The hotel is located in the suburb of Bochum.
Bochum-city in Germany, one of the four centers of the Ruhr Area in North Rhine-Westphalia. Center Middle Ruhr region, together with the cities of Hattingen, Herne and Witten. The city's population - 375,200 inhabitants (as of 2010). The population of the Middle Ruhr-750,000 people. The city is known Ruhr University.
The cost of the hotel-4.25 million euros. Yield-7.5% per annum. Annual revenue is 320 000 euro. The hotel is leased to well-known hotel chain. Leasing contract is valid until 2023, with an extension option of 2x5 years. The commission is 5.95% of the purchase price, including 19% VAT. The documents are ready to deal. Additional information is available upon request and upon the signing of the LOI the prospective buyer.
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