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Businesses For Sale   >>   Italy Businesses For Sale Categories   >>   

Off Market 4 Star Business Hotel

Location  Italy
Asking Price Range  > $35.0M
Gross Revenues  $2000000
Net Profit / Cash Flow  $2000000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  20 - 34
Relocatable  Not Disclosed
Number of Employees  20 - 34
Real Estate  Owned
Reason for Sale  Non-core asset for the owners
Description  Off-market 4-star business hotel located at a 20-minute drive from Milan's city centre, within easy driving distance from the expressway exit and international airports. The building consists of 8 storeys for an overall built-area of approx.9000sq.m. Number of rooms : 190+ On-site amenities include : restaurant, bar, fitness-area, conference rooms for up to 300 people. The hotel is located just a few km away from Fieramilano premises, where on a constant basis exhibitions, business conventions fairs and other events are held, which guarantees a permanent flow of visitors/tourists willing to attend at business events and needing comfortable accommodation nearby. Due to the fact that this hotel opportunity is off-market, further info are provided only to principals and on specific request, pointing out the profile and requirements of the potential buyer/investor.
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