Established Hotel, Bar- Restaurant, Dive Center in one package.
Malta > Xlendi Bay, Gozo > Island
Asking Price: 1,750,000 USD
Cash Flow: Available on request
Sales Revenue: Available on request
Description:
APARTHOTEL located just minutes away from the seafront,in a quiet side street, offering fully equipped individual rooms (all with en suite bathrooms/shower), studios complete with kitchen/dining room combination and one bedroom apartments that can accommodate up to 4 persons comfortably. All areas of the property are easily accessible to persons with special needs. This property has tremendous potential and comes with a chance to obtain MEPA permits for the construction of 2 further floors plus a roof-top swimming pool. Partnership considered. This business has been in operation for the past ten years and comes with all client / agent contacts. Owner would like to retire but will be very happy to help one get started. Optional: For an additional amount there is the opportunity to buy or lease a fully equipped and very nicely furnished bar/restaurant at street level which has it's own clientele. And a dive center.
Reason for Selling:
Retiring
Expansion Opportunities:
24 more rooms, 2 floors.
Offered Support for the new owner:
Yes.