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Listing ID: 1616
Total Viewed: 5256
Last Refreshed: 19/09/2018

5 Star Hotel In China For Sale

Jiangsu

Asking Price : Above USD5M

Revenue: Above USD1M

Cash Flow: Above USD1M

Payable: Not Disclosed

Established: 2009

Gross Profit: Above USD1M

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: Above USD1M

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason To Sell
Aging Management
Business Description

5 STAR HOTEL IN YANGZHOU, CHINA

 

Description

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

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

·      Gross floor area is approximately is >50,000 sqm

·      Building has a total of >25 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

 


Business Operations
Staff:
Not Disclosed
Property Information
Premise Status:
Rent
Rental Fee:
USD0

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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