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For sale hotel 70 rooms under a national brand (51)

51 Marne , Champagne Ardennes, ID 142610

For sale hotel 70 rooms under a national brand (51) 1
For sale hotel 70 rooms under a national brand (51) 1
Asking price:
EUR€1 739 100
Net profit (per year):€600 000 eur
Owner
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Description

Budget hotel with 70 rooms located in Champagne, near Reims and less than 2 hours from Paris, operated under a national brand.

Property on the outskirts of a large city, operated under management with an existing team in place. Hotel advertised as compliant with standards, with potential to increase revenue after renovation.

  • Capacity of 70 rooms
  • Operated under a national brand
  • Management and team in place
  • Last reported revenue: approximately €600,000
  • Renovations planned to develop the business
  • Advertised as compliant with standards
  • Possibility to purchase the company's shares
  • Planned structure with a small down payment and takeover of existing loans, subject to financial conditions

Opportunity aimed in particular at an investor seeking a hotel operated under management. Price and detailed terms of sale not specified.

Details

Real Estate: Lease
Asking price: 1 739 100 eur
Net profit (per year): 600 000 eur

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