Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Sold. Hotel For Sale In Cullera, Valencia

LISTING DETAILS
Firms For Sale ID:
34834
Vendor reference:
1801
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Business opportunity:
Asking price:
€6,000,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
€1,400,000
Net profit / cashflow:
€800,000
Business website:

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
A fantastic opportunity to acquire a freehold beachside hotel in the touristic town of Cullera, Valencia. Rooms range: 50-100. The hotel features a variety of rooms: from single rooms and double rooms to king-sized rooms and family rooms, providing an ideal targeting of different customer segments as well as its own restaurant with seating capacity for 60 diners. The hotel is located five minutes from the stunning beach. Forecasted financials for 2018: Gross operating revenue of €1.4M with 60% occupancy and average daily rate of €77, providing net owner profit of €800K.

Symbolic photo; not of the business for sale