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Luxury Hotel for Sale in Florence, Italy

Monumental building in the centre of Florence, consisting of hotel, apartments, boutiques-Italian artistic heritage.
This Business is on a Premium Plan
Established 220-230 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 2 - 3 million
Run Rate Sales USD 2.8 million
EBITDA Margin Nil
Industries Luxury Hotels + 1 more
Locations  Florence
Local Time 3:43 AM Europe / Rome
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 27 million (Native Currency: EUR 25,000,000)
Reason: - The owners would like to relocate and invest in another business. - We are advisors representing ... View More
Includes physical assets worth USD 27 million
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Business Overview

- Hotel boutiques and apartments are full throughout the year.

- Building also has a boutique factory of perfume that brings good income.

- There is a feasibility to making the luxury hotel boutique, using the entire building, apartments, or offices.

- The exquisite project of design that the architectural firm has presented of the property foresees the creation of a luxurious surface intended to host 6 sleeping accommodations in 3 bedrooms with ensuite bathrooms, one of which is the "Giga Suite" (485 fL2).

- In addition, there is a fourth bedroom in the living area for guests, a large kitchen with a separate place for food storage, a dining room, and.

Lastly, a space that can be utilized in various ways: fumoir, TV room, reading lounge, a small spa, guest room, or a room for housekeeping.

- The project has refined home automation with technologically advanced solutions knowingly combining it with distinct features of the stylistic period of the Renaissance.

Products & Services Overview

Basement and ground floor: Boutiques and fabrique of perfume (perfume store).

First floor: 5 enormous apartments.

Second floor: hotel boutique rooms (11 rooms)

Third floor: 3 serviced apartments.

Assets Overview

Entire building include the interiors, furniture, electronics equipment, etc.

Facilities Overview

The hotel is located in the center of the city on a 10,000 sqft.

Capitalization Overview

- The owners are 3 heirs, members of an ancient aristocratic family.

- The first floor (luxury apartments) belongs to the first heir.

- The second floor (hotel) belongs to the second heir.

- Third floor (apartments) belongs to the third heir.

- The rented boutique is in common.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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