Holiday Club Stella Maris Paraiso with earnings potential is sold after sudden death of the shareholder (100% of CECA S.A.)

Transcription

1 23/02/2014

2 Offer Description Location Target Group Figures Holiday Club Stella Maris Paraiso with earnings potential is sold after sudden death of the shareholder (100% of CECA S.A.) The Club with 289 rooms, built 1973 and renovated 1999, is designed in the style of a small village. The architecture creates a warm, Mediterranean atmosphere in the club. Buildings are solid, but need some renovation and investments Westcoast of Ibiza /Spain on a hillside in a beautiful landscaped garden with sea view 4km from the center of San Antoni 2 sandy beaches are only minutes away Most bookings from Tour Operators - especially from Germany (e.g.tui) Attractive offers for couples and families- (All Inclusive and Half Board) Sales Mai October 73% Occupancy rate < 40% liabilities/ real assets employees depending on season short term investment needed mid term investment needed complete refurbishing Hotel Data Rooms Site Area Built-up Area Pools Restaurants/Bars Sport Fields m 2 to sell ( m2 total club) m

3 Established Tourismus Area for different target groups Flight connections to many EU countries and ferry connections Since 2009, it has seen an increase in tourist numbers every year, with over 2,7 million people arriving at Ibiza Airport in 2012 Image of Party Island where the Jet-set is dancing in the best clubs IBIZA It is such a synonym that even other tourstic areas are using the slogan The new IBIZA and try to copy it Positioning for more than one target group: in addition to the customers who enjoy a hedonistic life style, the island to attract liberal, sophisticated and well-situated tourists who love to spend their money and to enjoy a family and sport holiday in a green environment. Flora and Fauna - 40% of the territory is covered with forests of pines and junipers- a green paradise The mild climate all year attracts people to invest in a secondary residence. The summer climate of Ibiza typically ranges in the upper 20s C (70s-80s F), rarely reaching 30.0 C (86 F) 3 Great opportunity to invest in properties and companies These are available for a reasonable price because of the financial crisis in Spain where the economy is now taking off

4 tella Maris Paraiso has a strong history, being one of the first luxury clubs in IBIZA tella Maris Paraiso- built in the Moorish village style- is quietly situated in a pine forest of m 2, located 10 minutes from the scenic village of San Antoni, with its harbor, boutiques, cafes and restaurants. Apartments and bungalows are separated in small low-rise buildings amongst extensive Mediterranean gardens tella Maris Paraiso has 289 rooms which are set in apartments and bungalows, separated in small moorish buildings in the middle of a Mediterranean garden, 3 pools and access to 2 sandy beaches tella Maris Paraiso has 2 keys rooms for families seeking sun, fun and relaxation 4

5 GREAT!!! Costumer Review 17 October 2013 It was our first club holiday. Usually, we travel a lot at the destination and stay only 1 or 2 nights at one place. However, we were pleasantly surprised. The Club offers a lot for 3 stars. Holiday makes fun! Costumer Review 6 th October 2013 Very nice hotel (staff/employees), great animation program, all-round entertainment throughout the day. All in all, for us it was the right hotel, and when we come back to IBIZA, we will go there again!!! 5 Certificate of Excellence 2013

6 n the 60s and 70s, when the tourism Industry expanded with short distance holiday flights, IBIZA became a focus point for tourist from middle and northern Europe who wanted to enjoy Sun and Fun. At this time, a group around a German Investor 1973 built the PENTA-Club which became a Center of Society and was permanently mentioned in the yellow press. Half of the resort of m2 was used for private bungalows (marked blue) and a in the middle, there was a stylish holiday village (marked red) surrounded by a green park. During the following years there were several changes in ownership and in top-management until an Austrian Investor fell in love with the club. He bought this wonderful Mediterranean property, renovated it 1999, positioned it as a family club hotel and enjoyed it all his life. Unfortunately he fell in and died The club is now administrated by an Interim Management and looking for new owners who will continue the spirit of hospitality Stella Maris Paraiso Private Area (does not belong to Stella Maris) 6

7 30 minutes to the airport 20 minutes to the capital 4km away there is the city San Antoni San Antoni 300m away there 300m are away 2 sandy there beaches are 2 sandy beaches 7

8 Fully optimized Operations, marketing, pricing controlling Increase from 2013 sales per room Higher room rates after additional investment, New target groups New EBITDA and additional value Management EBITDA and Value Low starting EBITDA because of former management style Upside potential 8

9 9 he Spanish Economy is recovering, credit financing is again available, demand rises. At the same time, there are several construction stops in Ibiza. This means, nvestments for renovation can be used to increase the productive area in relation to the building area (now around 50%), to enhance the season and to increase the sales and extras per room night. Combined with the flexibility to use the resort for families, sport, congress and other events, such words you hear every day. with they are true! odern management and marketing, combined with IT and technology and not to forget: or buyers in the hospitality industry, or those who invest in this charming resort, contribute to its future and visit it periodically, there will be an of satisfaction to have made it happen. It is really.. Disclaimer: although the content of this exposé is created with care, Zugimpex assumes no liability as to the accuracy or completeness of information, and future development cannot be granted for sure. Eveline Schwarz, MBA Zugimpex International GmbH +41 /41/