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Commercial Real Estate Investment Opportunity in Batumi, Georgia

Commercial space covering 7,000 sq. m area that can be used as a medical center.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Commercial Real Estate
Locations  Batumi
Local Time 10:22 AM Asia / Tbilisi
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 2 million for 50.0% stake (Native Currency: USD 2,000,000)
Reason: We require funds to complete the renovations of the commercial centre. We are also open to selling ... View More
Includes physical assets worth USD 4.1 million
Interested to connect with advisors
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Business Overview

- We are a real estate company based in Georgia.

- We have a commercial centre project that has been constructed but is not fully complete as the renovations are not completed.

- Project does not generate any revenue as it is not an operation.

- The business is valued at USD 4 million and covers 7,000 Sq. M. space.

- There are 86 apartments in the centre covering 2,800 Sq. m. area.

- The business includes a swimming pool and 50% of the apartments have a jacuzzi and saunas.

- The project can be used to run a medical centre, or hotel or be sold as a residential complex.

- There are all VIP amenities available in the business.

- Once we receive the investment we can complete the renovations in 10 months.

- Building has heated floors.

- Projected revenue of the business is USD 1-1.5 million.

- We have the land registration documents.

Products & Services Overview

Commercial space that can be used as a medical centre or a hotel.

Assets Overview

Full project with 86 apartments with commercial space of 2,800 Sq. m. and total space of 7,000 Sq. m.

Further details will be provided to the investor directly.

Facilities Overview

7,000 Sq. m. space that is owned by the business. The remaining details will be shared with the investors post-connection.

Capitalization Overview

- There are two owners in the business with equal shareholding.

- The business has no loans.

- The business is operated using the revenue that is generated by its operations.

Recent Activity
  • Earlier than 15 days
    Consultant, Doha, Accounting Firm connected with the Business
  • Earlier than 15 days
    Owner, Tbilisi, Commercial Real Estate Broker connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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2 Investors already contacted this Business.
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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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