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Boutique Hotel For Sale

Location  Romania
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $600000
Net Profit / Cash Flow  $400000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Owned
Reason for Sale  It is a family business and this is not main working domain,we don t have time to manage it.
Description  The hotel was fully equipped with products from Italy, Milan respectively, known as the capital of fashion. Starting from ceramic tiles, sanitary, fireproof carpet, fireproof mattresses, furniture, lamps and vases Murano glass, panoramic elevator, all are made in Italy. Alex George Boutique Hotel offers 66 beds in: 6 suites, 1 Executive Suite, 23 Double rooms can be rented regime and single. Each room has bathroom accommodation en suite, with shower and / or jacuzzi tubs, ,dryers and bathrobes. Double rooms are equipped with carpet, air conditioning, LG flat screen TV and Radio Tuner cable, free high speed internet, free phone line in 20 countries including outside Europe , mini bar, telephone portable. The construction was done by the development company SC ALEX GEORGE IMPORT EXPORT SRL , The first private construction company in Cluj Napoca, established in 1991, a company with expertise and experience in real estate, which reinforces the idea of quality and longevity of luxury finishes. The hotel also houses a restaurant fusion with a maximum capacity of 120 people, Lebanese and international cuisine restaurant, which upon request can accommodate a conference room or organizing any event. Due to the reputation which we earned in less than two years, the hotel is preferred by the fashionable personalities, politicians and businessmen inside and outside the country, in other words, an exclusive clientele who appreciate and understand luxury! The building has a built surface of 2,000 sqm and is situated on a plot of 1,000 sqm with opening the road for 55 meters, the building was completed in mid 2010. Price: 2 milion Euro negociable.
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