Four-Star Hotel In Hong Kong For Sale
The star rated hotel to be transferred is currently operated by a globally renowned hotel management group, located on the main road of Wan Chai on Hong Kong Island.
The hotel is surrounded by shopping malls, restaurants, and bars, making shopping and travel very convenient (within walking distance to the subway station). The hotel is not far from well-known attractions or shopping centers such as Victoria Harbour, Hong Kong Convention and Exhibition Centre, Times Square, and Ocean Park.
The hotel was designed by a globally renowned company and took five years to complete. Its architectural style draws inspiration from the rich history and culture of Wan Chai, Hong Kong, and is decorated with various works of art, creating a strong artistic atmosphere.
The hotel has 25 floors and a construction area of nearly 8,600 square meters. It has nearly 140 guest rooms, including deluxe, deluxe, and suite rooms. At the same time, the hotel is equipped with a gym, executive lounge, rooftop bar, outdoor swimming pool, two restaurants, and two conference rooms.
The hotel can be booked through various travel platforms, with an occupancy rate of about 80%, annual revenue exceeding HKD 70 million (about USD 9 million), and EBITDA exceeding HKD 30 million (about USD 3.9 million).
The hotel is to be sold at a price of HKD 950 million (about USD 122 million).
PLEASE BE NOTED:
1. For the sake of authentic and effective transactions, please send your inquiry, together with a Profile of your company/firm.
2. The above information is for reference only and shall not be regarded as trading terms.
OUR COMPANY PROFILE:
We are a leading large CPA group with over 2,500 professionals (370 certified public accountants) in nearly 98 branches across Mainland China, which ranks among the TOP CHINESE 50 CPA FIRMS.
The specialized services we render include audit to listed and unlisted companies, merger and acquisition advisory, IPO consulting, tax planning and so on. The M&A opportunities posted by our M&A team are projects in the sectors/industries of finance, high-end manufacturing, education, agriculture, real estate, etc.
As of the financial year of 2022, we’d achieved operating revenues for more than RMB 530 million (USD 74.3 million).
Financials (USD)
Asking Price $122,000,000
Cash Flow $9,000,000
Sales $9,000,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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