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Hotel Seeking Loan in Amsterdam, Netherlands

Hotel located in the most popular spot of Amsterdam that operates at 98% occupancy rate.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 950 thousand
Run Rate Sales USD 1 million
EBITDA Margin 20 %
Industries Hotels
Locations  Amsterdam
Local Time 1:38 AM Europe / Amsterdam
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.64 million for 10.0% annual interest, 15 years (Native Currency: EUR 1,400,000)
Reason: To build extra rooms in order to achieve 60% more turnover. This estimation has been proven in the n... View More
Collateral Available: USD 640 thousand
Includes physical assets worth USD 117 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
Hotel is in the most popular spot in Amsterdam which receives high tourist footfalls. We have been operating at 98% occupancy rate and at high ADR for the last 3 years. Since takeover in 2016, we have noticed +35% ADR and +20% occupancy rate.
Products & Services Overview
50 beds with 7 room types. The hotel has the license to build more rooms immediately (license issued already)
Assets Overview
Business assets, operating license, license to expand (to double the number of rooms)
Facilities Overview
Beautiful state monument building from the late 1800. It has 5 floors, spacious staircase. Area size is 550 sq mt. There is an issued license by the authorities to double the number of rooms.
Capitalization Overview
Not Disclosed
Recent Activity
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21 Investors 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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