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Business For Sale

3 Star Hotel & Restaurants

West of Ireland, United Kingdom, GB

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,377,000
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FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
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119914382

Business for Sale Overview:

This long established hotel and restaurant has been under the stewardship of the current owners for eighteen years. Less than two years ago the business was completely closed for six months during which an extensive refurbishment programme was completed. All seventeen bedrooms were redecorated, new furniture was installed and the ensuite facilities renewed. At the same time the common areas were remodelled including the two restaurants, large bar and reception. The plumbing, heating and electrics were completely replaced as were the kitchen facilities. The hotel and resturants now offer a most welcoming, light and contemporary feel set behind a traditional façade.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The hotel occupies an attractive freehold location of circa one acre within a busy town.

Market Competition and Expansion:

In addition to the website, other marketing avenues are pursued. These include local and national papers, local radio and tourist shows. The hotel has been mentioned in various publications as ‘the best place to eat in the West of Ireland’. This has also generated good coverage in the national Sunday papers.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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