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Business For Sale

Hotel & Restaurant

'WEST MIDLANDS', United Kingdom, GB

Services: Hotel, Motel, Lodging

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,200,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2000
Not Disclosed
607524767

Business for Sale Overview:

Advent Business Sales have been instructed to offer for sale extremely well established freehold hotel with exceptionally high occupancy levels. Originally established as a bed and breakfast approximately 20 years ago, it was purchased by our vendor in 2000 and since then he has transformed it into the magnificent premises it is now. The business is only now being offered for sale to enable our vendor to pursue his considerable other business commitments. The hotel is on a very sought after location and is often fully booked, due in part to internet bookings and repeat custom. The hotel has 16 en-suite letting rooms, arranged over 2 floors and all with televisions, telephone, tea and coffee facilities, hair dryers and wire less internet. Room rates are from £45 for a single, £55 for twin and £65 for a triple.

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:

Freehold We are advised that the annual business rates are currently: TBC The restaurant has regular themed evenings such as fish and steak nights. The bar area has a real log fire which gives the whole area a very cozy feel. For sporting events the bar also has a large plasma TV screen. The extensive commercial kitchen is very well presented and includes:  Dish wash machine  Ice cream fridge  Walk in freezer & fridge  3 commercial microwaves  Fish chiller  Upright 6 drawer fridge  Coffee perculator Water boiler  2 deep fat fryers  Potato/veg tumbler  Steam combi oven  Toaster  Grill  Double chip fryer  Grill  6 ring gas cooker with oven under  hot draw servery  single bain marie with 2 servery

Reason for Selling:

other business commitments.

Additional Details:

  • The property is owned.
  • 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.

Resources:

 

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