Banquet Hall for Sale in Massa Martana, Italy
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 |
- 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.
The business is renowned for its destination weddings, set in a unique, pristine castle location.
- 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.
Sole proprietorship firm.
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Earlier than 15 daysCEO, Marketing And Branding, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Dubai, Financial Consultant connected with the Business
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Earlier than 15 daysManaging Director, Delaware, Investment Bank connected with the Business