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Banquet Hall for Sale in Massa Martana, Italy

Acquire a historic Italian castle hotel with 13 rooms, hosting 30+ destination weddings annually.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.12 million
Run Rate Sales USD 800 thousand
EBITDA Margin 30 %
Industries Hotels + 1 more
Locations  Massa Martana
Local Time 4:56 PM Europe / Rome
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 7.4 million (Native Currency: EUR 6,500,000)
Reason: The owner is selling the business due to advancing age.
Includes physical assets worth USD 7.4 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Profile
Business Overview
- Nestled in Umbria, Italy, this luxury boutique hotel and wedding venue operates within a historic castle, offering an exclusive destination with over 1,000 years of rich history.
- Spanning 3,300 square meters, the property includes 13 operational rooms and an additional 15 rooms ready for renovation, offering significant potential for expanded guest accommodations.
- The venue's reputation for destination weddings is well-established with 30 weddings completed last year and complemented by 10 bookings already secured for the next year.
- Despite the off-season closure during winter, the hotel effectively manages operations with a combination of permanent and part-time employees workforce of 22 and additional seasonal staff, ensuring flexible service delivery.
- Leveraging 15 years of goodwill and a seasoned staff, the business excels as a high-demand location for company retreats and private events, further securing its position in the luxury hospitality sector.
- Opportunities for growth abound with potential room renovations and additional funding; this business is poised for substantial expansion, ready to capitalize on the increasing demand for luxury and bespoke wedding venues.
- Approved as a 4-star Hotel, this business also holds a bar and restaurant license, enhancing guest experience with premium dining services.
Products & Services Overview
The business's top-selling services include guest accommodations, destination wedding services, with restaurant with a bar.
The business is renowned for its destination weddings, set in a unique, pristine castle location.
Assets Overview
Tangible assets:
- Land.
- Castle with all furniture, equipment, fixtures and fittings.
Intangible assets - goodwill and established presence with huge social presence.
The physical assets are valued at EUR 7.5 million and are being offered at a discounted valuation of EUR 6.5 million.
Facilities Overview
The business operates from an owned property with a 1-hectare land area and 3,300 square meters of built-up space. It features a historic castle, over 1,000 years old, with 13 operational rooms, 15 rooms available for renovation, and 2 kitchens.
Capitalization Overview
The business will be free from loans after purchase, with the seller extinguishing the current loan.
Sole proprietorship firm.
Recent Activity
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4 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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