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Hotel for Sale in Istanbul, Turkey

3-star boutique hotel with 46 rooms for sale in Şişli - Taksim.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 270 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Istanbul
Local Time 11:12 PM Europe / Istanbul
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 3.7 million (Native Currency: TRY 120,000,000)
Reason: - Business owner is originally from the textile industry and does not want to continue managing the ... View More
Includes physical assets worth USD 3.7 million
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Business Overview

- Newly launched 3-star boutique hotel in Istanbul with 46 rooms and a 92-bed capacity.

- The hotel is situated in a prime touristic location and is preferred by foreigners.

- The hotel facility is a 7-floor building, including ground, and 3 basement floors. It includes a lobby, cafe area, and restaurant, and amenities include TVs, safe, and wireless internet.

- Facility has a luggage storage room, security systems, central air conditioning system, a special smoking area, and an open parking lot with valet service.

- Business was incorporated in 2018 but the hotel has been operational since last year. Since the business was just launched last year, the sales were negligible.

- Room types:

* Standard single room (13 m2)

* Standard double room (15 m2)

* Standard triple room (16 m2)

- Location specifics:

* 1 Km to Taksim Square.

* 1 Km to Nisantasi.

* 1 Km to Osmanbey Metro Station.

* 2 Km to Cevahir Mall.

- Legal Status.

* All business licenses have been obtained.

- Eligibility for sale to foreigners:

* Suitable for Citizenship.

- Business is owned by a sole director and any debts/liabilities will be cleared prior to the sale.

The owner is usually involved in the textile industry. The reason why the owner wants to sell the hotel after one year of operation is because he wants to put more capital in the industry he is working in.

Products & Services Overview

3-star boutique hotel with 46 rooms and 92-bed capacity.

Assets Overview

Land, building, furniture, interiors, security systems, air-conditioning systems, brand, and licenses.

Facilities Overview

Own land and hotel building with 1,800 m2 closed area. A 7-floor building including ground and 3 basement floors.

Capitalization Overview
Not Disclosed
Recent Activity
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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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