Fitness Centre & Wine Bar For Sale Or For Lease
Location Malta
Asking Price Range $20.0M - $35.0M
Gross Revenues $750000
Net Profit / Cash Flow $750000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 10 - 19
Inventory $15,000,000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Full support and training given - ongoing.
Reason for Sale Family business for dispoal on retirement of principal.
Description Unique historic palace, fully renovated into a 3-business property: 32-bed guest house/hotel, international gymnastics and fitness center, wine bar & restaurant. Scope for luxurious private owner's accommodation. Successfully established for 7 years but with unrealized potential. For sale at Euros 25 million or for lease (10 years) at Euros 500,000 per year. Benefit of extensive forward bookings for 2011. Located on one of the Mediterranean's most desirable islands. Email or call Spencer at 447710452632 for more information on this fitness center & wine bar for sale or for lease.
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