Hotel Restaurant & Bar For Sale

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Listing ID: 700356330

Listing Title: Hotel Restaurant & Bar For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=356330

Industry: Hotels and Holiday Accommodation

Industry Segment: Hotels

Country: Spain

State / Province:

Area

City: Malaga

Asking Price Range: $2.5M - $5.0M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 2001

Number of Employees: 35 - 49

Business Description:
This Hotel & Restaurant combination first opened in 2001 and it offers 8 very spacious rooms, a fantastic bar that serves as the daily encounter point for the whole village as well as a highly acclaimed restaurant. The facilities include an art gallery/activity room, a pool area and a sunbathing terrace, with fantastic mountain views across to Serrania de Ronda. The current owners also have a spacious 2 bedroom apartment in the hotel making this a fantastic business opportunity for its next owner. The Hotel is frequented by tourists year round looking for both the romanticism of Ronda, which is a short drive away as well as the easy access to the nearby beaches of the Costa del Sol, while enjoying the peacefulness of a small village with movie worthy views. Currently the hotel/restaurant/bar combination trades very well, with a great and easily achievable potential to increase sales, especially on the margin friendly hotel occupancy side. The current owners don't pay for advertising and use only a few selected channel managers, presenting a fantastic opportunity for the next owners to have a clear an easily achievable increase in sales. There is a mortgage in place until 2029 that the current owners will pay off with the sale, but could transfer over to the new owners (pending approval) should they wish so. This business offers a great price-value relationship and could be easily handled by a couple or family. The village has great road access and is frequented by cyclists, hikers and motor-bikers as a lunch and/or night stop before continuing their travels. The owners also have an adjacent property to the hotel that can be added to the sale for an additional 110K, should this be of interest to the new owners. The house has 3 bedrooms, 1 bathroom, a dinning room, kitchen, laundry room and a rooftop terrace with a total built up space of 130m2. Lease to own financing option available 8 Bedroom hotel set in idyllic location



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