MergerPlace

Retire Spanish Style with this Hotel

Cadiz, Spain


  • Asking Price: $34,000,000
  • Gross Income: $550,000
  • Cash Flow: $330,000
  • Real Estate: $3,400,000
  • Inventory: $10,000
  • FF&E: $350,000
  • Listing ID: #211895
  • Established: 2014
  • Employees: 6

Business Description

Please refer to business broker Tom Milana listing #0101-263337 when inquiring about this listing.

Located in the historical district of Cádiz Spain, this property is over 100-years old and has recently (2018) been 100% renovated. There are seven modern apartments, suitable for double occupancy, each with a fully equipped kitchen, air conditioning, modern bathrooms, washing machine and all the amenities of a first-class hotel, including two roof-top terraces. On the ground floor, currently open for lunch and dinner, is a full-service restaurant and tapas bar offering high-quality, traditional Andalusian cuisine. The staff of 6 is well trained and dedicated to catering to each customer’s desires. This property has one of the only business licenses available within the “old” city. Note, all monies are in Euro. The seller may consider some financing to a qualified buyer.


Business Details

Primary Business Category: Accommodations
Location: Spain
Metropolitan Area: Cadiz

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6

Financial Information

Asking Price: $34,000,000
Gross Revenue: $550,000
Cash Flow: $330,000
FF&E: $350,000
Inventory: $10,000
Real Estate: $3,400,000
Seller Financing Available: Yes

Property Information

Facilities:

This property is over 100-years old and has recently be 100% renovated. There are seven modern apartments, suitable for double occupancy, each with a fully equipped kitchen, flat screen TV’s, air conditioning, modern bathrooms, washing machine and all of the amenities of a first-class hotel, including two roof-top terraces. On the ground floor, currently open for lunch and dinner, is a full-service restaurant and tapas bar offering high-quality, traditional Andalusian cuisine.

Reason for selling:

Investment Goals Reached Moving-on

Support & Training:

seller will train for 4 weeks at no cost.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Tom Milana

Transworld Business Brokers