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Country House Hotel
Location Spain
Asking Price Range $1.0M - $2.5M
Gross Revenues $100000
Net Profit / Cash Flow $60000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2001
Number of Employees 1 - 3
Inventory 70000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Up to 1 month handover period.
Reason for Sale Focus and more time on other businesses we own
Description Award Winning and successful B&B for sale in Andalucia. Set on the side of the mountains overlooking a Moorish White Village and its impressive castle, with 33,000 SQ MTR of Arable land and 6000 SQM of fenced off landscaped gardens. The guests accommodation consists of 7 large bedrooms all with private terraces, ensuite showers and toilets plus Dual Mode Air-conditioning/Warm Air system. The main building offers a large terrace with amazing views, restaurant area, fully equipped kitchen, a guest lounge bar and TV/Games room, a very large swimming pool of 11 x 7 metres, laundry and storage. There is parking for 12 cars, which is ample for the current capacity of the hotel. Owners have made major investment in refurbishment programme, additional facilities, marketing and sales channels. The results have seen an increase of 250% in declared revenues 2006-2010 with increasing revenues and profitability together with a growing reputation for the "Resident Only" restaurant. The business has remained profitable despite the recession of 2009-2011 achieving profitable growth. There is an unusually long season due to the location with easy access to major attractions for tourists (Malaga, Granada, Antequera, Marbella, and Cordoba). Outside of the normal high seasons, this business enjoys a rising demand from walkers, birdwatchers, cyclists, climbers and those looking for a peaceful retreat. Currently working with a number of cycling clubs and speciality operators, which is increasing the demand for B&B accommodation during low seasons. There is a private apartment for the Owner/Manager consisting of three rooms with two bathrooms. This accommodation consists of a large master bedroom with own bathroom, a private sitting room and a further room currently used as office/storage. Offers around 995,000 (Euros) including the freehold, Branding (Trade Marked), and operating licences. There is the possibility to take over the existing mortgage subject to status.
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