Profitable Hotel and Restaurant in Historical Cádiz Spain

Spain

Seller Financing Available
Profitable Hotel and Restaurant in Historical Cádiz Spain
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Asking Price: $3,400,000

Cash Flow: $330,000

Gross Revenue: $550,000

EBITDA: N/A

FF&E: $350,000

Inventory: $10,000

Real Estate: $3,400,000

Established: 2014

Profitable Hotel and Restaurant in Historical Cádiz Spain

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Business Description

Luxury Hotel and Restaurant in Spain

Profitable Apartment-Hotel and Restaurant with plenty of opportunity to grow, located in historical Cádiz Spain, 1km from La Caleta Beach and only 4.4km from Playa de la Victoria. 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. 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 figures including the price, down payment, terms and financials are in Euro. The seller may consider some financing to a qualified buyer.
Please refer to # 0101-263337 Tom Milana when inquiring about this listing.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Luxurious 7 apartment Hotel, and Restaurant
Financing:
seller will finance for $500k for 36 months 8%=$15,668.18 monthly payment
Support & Training:
seller will train for 4 weeks at no cost
Reason for Selling:
Investment goals obtained
Contact Seller

Contact the Seller

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Tom Milana

Business Listed By:
Thomas Milana

Transworld Business Brokers, LLC.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.


Sponsoring Broker:
Andrew Cagnetta

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