Hotel for Sale in Porto Alegre, Brazil

For Sale: More than 10-year old hotel with 100+ rooms in Porto Alegre, Brazil.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 900 thousand
EBITDA Margin 31 %
Industries Hotels
Locations  Porto Alegre
Local Time 9:55 AM Porto Alegre
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 3 million (Native Currency: BRL 16,000,000)
Reason: Lack of succession.
Includes physical assets worth USD 1.9 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Presentation
Outside View
Land Mark
Hotel Details
Business Overview

- Hotel in Porto Alegre, Brazil that generates great revenue.

- With 4,944 sqm of built area on a 1,750 sqm land, the facility has 10 floors and 109 rooms (with the possibility of building 80 more rooms), 350 sqm restaurant, parking space, fitness centre, business centre.

- Hotel is located in a privileged location, practically at the entrance to Porto Alegre, has a distinction compared to competitors, considering that travellers especially vehicles do not need to walk more than 500 meters from the city entrance to the hotel. This is a preponderant choice for hosting.

- The hotel excels in the strategic positioning of an executive/family hotel with a focus on compatible rates for companies and accessible to families that come to the capital for reasons of leisure, health and education.

- Registered on almost every online booking platforms and we receive bookings from our own website also.

- Last year occupancy rate was approximately 66% and now the occupancy rate is around 40% and it has been steadily growing.

- Sales have dropped due to the pandemic and business is already picking up.

- Hotel is close to a company which foresees BLR $ 500 million investment. When the entire complex is ready, more than 181 thousand sqm will be renovated with areas for culture, leisure, gastronomy, tourism, business and events. The concept is inspired by docks from different parts of the world such as Barcelona, ​​Lisbon, Genoa and Brooklyn.

Products & Services Overview

Hotel with 109 rooms for accommodation, 350 sqm restaurant, parking space, fitness centre, business centre, laundry room.

Assets Overview

Land, building, 250+ beds and chairs, 100+ TVs, ACs, utensils, kitchen equipment.

Facilities Overview
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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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