iad France - Christophe Bellamy (06 84 78 57 34) offers you: FOR SALE – BUSINESS ASSETS & COMMERCIAL PROPERTY
Hotel, restaurant & event domain – Var (83)
Complete acquisition – Operation + Real estate assets
Located in Tourrettes (83440), in a privileged natural environment, this hotel and event domain has been operating for over 55 years and represents a rare op
iad France - Christophe Bellamy (06 84 78 57 34) offers you: FOR SALE – BUSINESS ASSETS & COMMERCIAL PROPERTY
Hotel, restaurant & event domain – Var (83)
Complete acquisition – Operation + Real estate assets
Located in Tourrettes (83440), in a privileged natural environment, this hotel and event domain has been operating for over 55 years and represents a rare opportunity for a complete acquisition, combining a profitable business operation with a valuable real estate asset.
=> THE DOMAIN • Approximately 4,800 m² of land • Large swimming pool • Building complex dedicated to guest accommodation • Independent lodgings of mazet type: • 8 rooms (about 18 m² – 2 persons) • 7 apartments (about 35 m² – 4 persons with kitchen) • 1 Junior Suite (about 35 m² – 2 persons) • Manager’s apartment F4 – about 144 m²
=> RESTAURANT & EVENTS • Restaurant room ~70 seats • Reception hall up to 200 people • Functional and well-organized professional kitchen • Cold room, dishwashing area, independent bar, laundry
=> ACTIVITY & BUSINESS MODEL • Mainly event-driven activity (weddings, private events, turnkey services) • Restaurant historically operated year-round • Activity mainly concentrated on weekends
=> Key figures: • 2023 Revenue: €1,068,056 – EBITDA: €102,621 • 2024 Revenue: €1,280,611 – EBITDA: €33,099 (2024 EBITDA impacted by a transition period – immediate recovery potential)
Historically proven operational profitability, with significant revenue generation capacity and real growth margins.
=> HUMAN RESOURCES • 7 employees – CHR collective agreement • 6 permanent contracts + 1 fixed-term contract • Takeover possible or not • Accompanied handover possible up to 12 months
=> POSSIBLE USES & PROJECTS
(subject to administrative and urban planning authorizations) • Event domain • Boutique hotel / tourist residence • Group and seminar hosting • Holiday center • Senior residence with services or medical care • More broadly, any hotel, tourism, or guest accommodation project
=> OVERALL ECONOMIC PERSPECTIVE
Joint acquisition of the business assets and commercial property allows: • elimination of rental charges, • long-term security of operation, • creation of a valuable real estate asset, • value creation both operationally and patrimonially.
This setup is particularly suited for an operator or investor wishing to control their working tool while building real estate assets.
=> TERMS OF SALE • Business assets: €800,000 including fees • Business assets + commercial property: €1,947,000 including fees
=> SOUGHT BUYER PROFILES • Experienced CHR operator • Event entrepreneur • Hotel or tourism operator • Investor-operator • Group or multi-site structure
=> Complete file, financial analyses, and studies available upon request after initial contact => Confidentiality guaranteed – buyer project review required => Visits by appointment only
Energy performance information related to this property: DPE NS index and GES NS index. This real estate listing was written under the editorial responsibility of Mr. Christophe Bellamy (ID 87638), Commercial Agent registered with the Special Register of Commercial Agents (RSAC) of the FREJUS Commercial Court under number [hidden information]. Find all our properties on our website. [hidden information] Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/
Tourrettes offers an exquisite location nestled in the scenic heart of the Provence-Alpes-Côte d’Azur region. This picturesque setting provides convenient access to Nice Côte d’Azur Airport, approximately 45 minutes by car, ensuring effortless travel. The area is rich in cultural charm and exclusive dining opportunities, and prestigious golf clubs. Its proximity to Grasse, famed for perfumeries, also offers a unique blend of tranquil countryside living and sophisticated lifestyle.