Hotel For Sale
Location Germany
Asking Price Range $10.0M - $20.0M
Gross Revenues $1000000
Net Profit / Cash Flow $1000000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1980
Number of Employees 50 - 99
Relocatable No
Number of Employees 50 - 99
Real Estate Owned
Description This is a Hotel for Sale with a shop on the first and lower floor (320 sqm). The Hotel has >50 rooms including a fitness center, conference room and lounge. The entire above-ground gross surface area is approx. 2,100 mý. The property has been modernised, rebuilt and renovated and has a occupancy rate of 100 % (3 Start Hotel + textile market). The lease period ends in 2031. There is no management contract but a normal commercial rent contract with a Value Maintenance Clause.
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