China

Sell a Business

Listing ID: 1615 Last Refreshed: 26/05/2019 Total Views: 2306

5 Star Hotel In China For Sale

Jiangsu

Asking Price: $1M - 5M
  • Premise Type N/A Premise Size N/A
  • Monthly Rental $0 Rental Desposit N/A
  • Revenue $10,000,000 Cash Flow $10,000,000
  • Gross Profit $10,000,000 Net Profit $10,000,000
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2015
  • Owner Role Part Time Staff 0
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Edwin

Reason For Sale

Management is aging

Description

Description

 

·      Well-known, top 5-star hotel in Yangzhou

·      Lavish and well-positioned accommodation located in the Central area

·      Building has a total of >20 stories, including undergound carpark. There is also an outdoor carpark

·      >250 stylist guest rooms in total, including 1 presidential suite

·      Facilities include business centre, restaurants, Grand Ballroom, several conference and event rooms, outdoor pool, gym room, KTV, Full Spa, card rooms, table tennis rooms, outdoor tennis court, snooker room, library, internet room 


Statistics

 

·      Owner looking to divest property and entire operations at RMB750m

·      Annual revenue over the last 5 years averaged at RMB60m (Rev/Price = 8%)

·      Monthly occupancy rate per year averaged at 80% (99% at peak periods) with stable average room rates



Property Information

Rent
Premise Status

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