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2 Hotels For Sale
Location: Czech Republic -> Prague
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

Two hotels in the centre of Prague. Area hotels - 5 500 and 7 000 sqm In one of the hotels have casinos.

Hotels are located on Wenceslas square. Wenceslas square, the Saint Wenceslas square is one of the most famous and largest urban area in the world, the main center of New town in Prague. The site of many historic events, the traditional site of demonstrations, festivals and social gatherings. The shopping and business centre of Prague, where you will find major hotels, shops and cafes. The square is named after Saint Wenceslas, the Czech Prince, patron Saint of the country. In our time on Wenceslas square hosts a hotel, offices, retail stores (including Prague's largest bookstore ''Luxor''), fashion houses, exchange offices and numerous, in a row one after the other along the square, fast food kiosks. In one of the buildings housed the ''McDonald's''. In the centre there is a cafe ''Red bus'', designed in the form of the tram. The price of land on the Wenceslas square is very high. A popular place among tourists, the square frame with the silhouette of the National Museum - one of the symbols of Prague.

Two hotels are sold together. Their cost is 78 000 000 euros. The documents are ready to deal. Additional information is available upon request and upon the signing of the LOI by the potential acquirer.


Financials

Asking Price Range:  > $35.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1990
Number of Employees:  50 - 99
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

Photos

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2 Hotels For Sale Photo 1




Print Listing Id: 700246327


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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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