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Hotel With 24 Rooms, Moscow City Center For Sale

Moscow City, Moscow, Russian Fed.
Asking Price:
$538,461 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$120,000 (USD)
Cash Flow:
$398,584 (USD)

New hotel with fancy furniture and inventory. The hotel has 24 rooms. The category of rooms: standard double (7 rooms), standard single (7 rooms),superior (4 rooms),family studio (4 rooms),luxe (2 rooms). The square of rooms is from 15 square meters up to 36 square meters.
Location: Central part of the city. Horse course is nearby. Big hospital and International Exhibition Center are also in this area.The distance to Red Square is 2 km. It takes 3 minutes from Begovaya metro station to the hotel.
The hotel is connected to the international booking operators such as booking.com, expedia.com, airbnb.com and others.
Low rental rate and long term (10 years) agreement from the municipals with further possibility of redemption of premises from municipals.
The net profit is about 10,000 USD per month.
The hotel is under operation from July,2019.

Property Information

Real Estate:

Lease

Lease Terms:

10 year lease term.

Leasehold Rent:

$108,000 (USD) per annum

Living Accommodation:

The hotel with 24 rooms.

Location:

Moscow center. Begovaya metro station.

Premises Details:

Well-developed infrastructure, shopping centers,restaurants.

Planning Consent:

There is planning consent provided.

Business Operation

Competition / Market:

The possibility of buying the premises at a special price from the municipals.

Reasons for selling:

Relocation to another country.

Trading hours:

24/7

Employees:
5
Years established:
1 year

Other Information

Support & training:

3 month support to a prospective buyer.

Furniture / Fixtures value:
$307,692 (USD) - included in the asking price
Inventory / Stock value:
$12,000 (USD) - included in the asking price
Home based:
This business can be run from home.
Administration / receivership:
This business is in administration / receivership

Contact Information

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