Italian important tourist complex ( family business ) in a beautiful hilly termal area of northern Italy, south facing with stunning views of the surrounding hills, 250 meters a.s.l.
The location is strategic, in a tourist termal resort in northern Italy, particularly interesting for the North European clientele looking for locations that combine natural beauty, art, culture and heritage of food and wine.
The complex has a 120.000 sq.m.of area used for camping, with those assets :
270 pitches with electricity
5 wooden bungalows
8 brick cottages
10 Mobile Home ( with 2 bedrooms )
3 Mobile home ( with 3 bedrooms )

The campsite has 4 comfortable blocks toilets, showers and bathrooms for disabled people; two of these newly developed (built in 2009)

All facilities are equipped with new solar panels to produce hot water.

The structure consists of reception, Infirmary, Mini Market, Bar Restaurant-Pizzeria with a terrace for 120 seats with recently renovated kitchen; there is a tavern with a large screen multi function / meeting room / billiard room; Available storage room for outdoor caravan parking.

The complex is complemented by a water park features and sport facilities
Turnover < 1 ml €, adjusted EBITDA:> 40%

The family also owns other assets adjacent to the resort (land in potential tourist use of 174 thousand square meters with hot springs, villa, Pub of 220 sqm completely renovated in 2009 with a full kitchen and wood-burning oven for pizza, with its licensed bar and restaurant)

The operation ( the deal ) :
It's a family business - Sale of 100% of the business ( and the assets ) by retirement of the family from active management, for family reasons.

Posted Jul 6, 2016

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