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Successful Hotel In Menorca For Sale

Cala en Porter, Menorca
Asking Price:
€3,300,000
Sales Revenue:
€600,000
Cash Flow:
Available on request

Actual turnover for 8 month: 600'000 EUR
sqm of construction: 1050
sqm of plot: 2598

A unique investment opportunity, also manageable by a team of few people. The hotel, thanks to its 26 rooms, guarantees an excellent activity. Thanks to the strong influx in the country, in spring and summer time, the customer demand is very high. Each room guarantees a unique environment in which to live their own vacation. The intimate restaurant on the ground floor guarantees an exclusive space, much appreciated by customers during breakfast, lunch and dinner. The restaurant works very well with external customers as well. The hotel has been completely renovated from 2006 to 2010, paying the most attention to the quality and security of materials. The hotel is open during spring and summer time, since it is located in a typical touristic town. The opening period goes from March to the end of November but can work well in the other months too thanks to the high tourist request coming from northern Europe.
With its class, the hotel guarantees its customers a structure able to satisfy the highest demands, guaranteeing excellent quality standards. The structure is well established and positioned perfectly in the tourism market of the Balearic Islands. Reservations are made mainly thanks to internet portals, official web site and loyal customers who come back almost every year.
The hotel’s reputation is very good among the tourists customers. In fact, the hotel boasts a very loyal clientele, coming from all nations.

With the hotel you can also purchase an adjacent home as a very comfortable housing for owner and / or employees.

Property information

Real Estate:

Real Property Included

Location:

Cala en Porter, the town in which the hotel is located, is one of the most popular tourist spots on the island thanks to its spectacular landscapes and crystal clear sea. In the village there are numerous bars and restaurants, in addition to the famous danceclub, Cova d'en Xoroi, set in a cliff overlooking the sea. During summer, the town is animated by tourists coming from all over the world and in particular from Italy and England. Cala en Porter is famous for its large natural cove, with its huge white sandy beach, a must for all tourists, located under the cliff on which the hotel is erected and reachable by car or on foot by a comfortable staircase at the back of the hotel.

Premises Details:

Hotel and restaurant

Size in square feet:
1,050

Business Operation

Expansion Potential:

Now The opening period goes from March to the end of November but can work well in the other months too, thanks to the high tourist request coming from northern Europe.

Competition / Market:

The hotel has sea view. With its class, the hotel guarantees its customers a structure able to satisfy the highest demands, guaranteeing excellent quality standards. The structure is well established and positioned perfectly in the tourism market of the Balearic Islands.

Reasons for selling:

The family of the owner don't live in Menorca, so the owner want to open another business near his family.

Trading hours:

24/7

Employees:
7
Years established:
12

Other Information

Support & training:

The owner can support for own season the buyer

Website:
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Home based:
This business can be run from home.

Contact Information

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