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Bed & Breakfast for Sale in El Palomar, Spain

9-room traditional village house with consistent weekend bookings seeking new owner due to retirement.

Established 20-30 year(s)
Employees < 2
Legal Entity Other
Reported Sales USD 36 thousand
Run Rate Sales USD 37.4 thousand
EBITDA Margin 40 %
Industries Bed & Breakfasts
Locations  El Palomar
Local Time 6:30 PM Europe / Madrid
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 340 thousand (Native Currency: EUR 330,000)
Reason: The owner is old and wants to retire and start travelling.
Includes physical assets worth USD 340 thousand
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Business Name
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Business Overview
- Located in the picturesque town of El Palomar, this 9-room bed and breakfast caters primarily to tourists, perfect for a hospitality-focused investor.
- The establishment benefits from regular bookings throughout March to December, with peak occupancy during summer, Easter, festive periods, and Christmas.
- Operating under a sole proprietorship allows simplified management, with the option for new owners to expand services by acquiring food service licenses.
- Occupancy potential is untapped due to the current focus on weekend operations and the absence from key online booking platforms like Booking. com.
- Weekday business growth opportunity exists, as current operations draw 20 clients on weekends and 15 on average.
- Current business model provides room rentals as the sole service, offering room for diversification and revenue expansion.
- Strategic listing on online platforms can increase visibility and occupancy, providing a strong growth opportunity for the new owner.
Products & Services Overview
9-room hotel. Room rentals are our only service.
Most of the customers are tourists.
Assets Overview
The land and building are valued at EUR 310,000. There are furnishings and equipment worth EUR 20,000.
Intangible assets include the brand name, website, and client base.
Facilities Overview
Own land of 200 sqm and the built-up area is 400 sq mt.
- Furnished with all equipment.
- 8 bathrooms.
- Patio, barbecue, garden, terrace.
- Great location.
- Private pool.
- Games and table football.
Capitalization Overview
The property is owned by the promoter's mother. There are no debts or liabilities.
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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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