7.7 / 10
 Batumi

Commercial space covering 7,000 sq. m area that can be used as a medical center.

Key Business Facts
Yearly Sales Nil
EBIDTA Margin Nil
Industries Commercial Real Estate
Locations  Batumi
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.
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.
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.
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
In talks with 2 Investors
Contact Business