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25-Room Hotel, Mountain Resort, Cyprus

Asking Price: EUR 2450000   |  Posted by : Erm Tec
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Business Location: Cyprus » Limassol » Limassol province 
Category: Real Estate » For Sell
25% net ROI
Net Cash Flows:
18K EUR pcm
210K EUR p.a.
65% Bank financing available to buy
3 full-time staff can stay
Owner will oversee transition
Financial Information:  
Annual gross sales: (EUR) 350000
Yearly Revenue: (EUR)
Total yearly sales revenue
Net Profit: (EUR)
Total profit before taxes
Furniture and fixtures value: (EUR) 300000
Monthly Payroll: (EUR) 800
Cash Flow: (EUR)
Net profit before taxes, owner payments, interest, and depreciation
General Information:  
Business Area:
Year Established: 1975
Is Relocatable?:
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 3
No of trading hours: 24 / 7
Reasons for selling:
Market competition and expansion:
Mountain resort seasons gives hotel 100% occupancy mid-June to mid-September, Christmas-New Year, and Easter. 50% occupancy April to mid-June. 20% occupancy remainder year.
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