Spa Hotel
www.GlobalBX.com
Listing ID:
700308955
Listing Title:
Spa Hotel
Quick Link:
http://www.globalbx.com/listing.asp?bId=308955
Industry:
Hotels and Holiday Accommodation
Industry Segment:
Hotels
Country:
Germany
State / Province:
Area
City:
Bavaria
Asking Price Range:
$10.0M - $20.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
EBITDA
Year Established:
1990
Number of Employees:
10 - 19
Business Description:
SPA hotel in Bavaria.
The hotel has 83 rooms. The total area is 4 300 sq.m. + Underground parking. The area of the land plot is 5 000 sq.m. Bavaria - a free state and land in the south and south-east of the Federal Republic of Germany (FRG), is the largest land in the FRG. Administrative division: seven administrative districts - Upper Franconia, Middle Franconia, Lower Franconia, Upper Palatinate, Lower Bavaria, Upper Bavaria, Swabia. The capital city is Munich. Bavaria has the largest economic and scientific potential among the 16 federal states of Germany and is leading in terms of economic growth (in 1985-2005, Bavaria's GDP increased by 28.2%, and on average in the country by 14.6%). The cost of the hotel is 9 500 000 euros. Commission fee - 3% of the cost of the object + VAT - 19%. The hotel was leased for 20 years by a well-known management company.
The annual income is about 500 000 euros. Profitability - 5.26% per annum. The documents are ready for the deal. Additional information is available upon request.
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