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 Milan

Hotel business based in Italy seeking funds for acquiring leased hotel and building pool area.

Key Business Facts
Yearly Sales USD 3.3 million
EBIDTA Margin 30 %
Industries Hotels
Locations  Milan
Business Overview
- Hotel business with 2 hotels, one 4 star annual hotel, fully equipped restaurant and 50 rooms. Another hotel is seasonal and is on lease located in the heart of tourist location.
- The business has been running for over 50 years and has won the luxury award.
- We require funds for the project. It is about acquiring the leased hotel and converting it into a boutique hotel with a lounge bar. Also planning to build a pool area with 5,000 sq m in front of the beach which is about 10,000 sq m of stretch. The sea project is to be built, we have a renting permit from the government for 20 years.
Products & Services Overview
Acquiring the leased hotel and converting it into a boutique hotel having 30 rooms and building a pool area of 5000 sq m with 600 people capacity in front of the beach.
Capitalization Overview
There is only one shareholder for the annual hotel which is owned. The seasonal hotel of 30 rooms is on lease. The pool project is to be built, we have the renting agreement for the beach area from the government for 20 years.
Assets Overview
4 star hotel with fully equipped restaurant and rooms.
Partial Stake Sale
USD 7 million for 90.0% stake (Native Currency: EUR 6,200,000)
Reason: Investment is required to set up the beach and pool project and start running the beach business. Al... View More
Includes physical assets worth USD 7 million
Interested to connect with advisors
In talks with 3 Investors
Contact Business