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Hotel for Sale in Prevalje, Slovenia

For Sale: Business with 20-years old restaurant and a hotel with a small SPA area.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales USD 270 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Prevalje
Local Time 11:40 AM Europe / Ljubljana
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.4 million (Native Currency: EUR 1,300,000)
Reason: Owner & his wife would like to retire because they don't have that spark of passion to run this busi... View More
Includes physical assets worth USD 1.2 million
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Business Overview

1. Business for sale in Prevalje with a 20-years old restaurant and a hotel in a small SPA area.

2. Awarded Best Accommodation in Prevalje last year by Travelmyth.

3. 30% growth during the second year of the hotel's operations.

4. Restaurant operations have been stable for 9 years.

7. Highly known across the region due to strong relationships with local companies.

8. Opportunity to take advantage of the growth in the hospitality industry.

9. Business has a good occupancy rate and it varies depending on the season.

10. We hire additional staff based on demand.

Products & Services Overview

Bed and breakfast or half board for tourists from all over the world, SPA area for hotel guests and locals, Sunday lunches, and different kinds of celebrations in restaurants.

Assets Overview

Tangible assets:

- Property/land in the size of 6.375 m².

- Fully equipped hotel with 12 rooms & 2 apartments (4-star rated interior) & a modern spa room with a jacuzzi, sauna and a relaxing area,

- Fully equipped restaurant capable of serving around 80-90 people inside & cca. 35-40 people outside on terrace,

- 2 fully equipped 1-family apartments & 9 rooms meant for renting on a monthly basis.

- 2 big parking lots (1 for cca. 25 cars & 1 for cca. 15) and 1 big garage (for 2-3 cars with additional storage spaces) meant for owners.

- Big furnace capable of heating up all areas on the property alongside big silo where fuel (wood chips) for a furnace is stored.

Intangible assets:

- Massive growth potential with proper leadership & execution.

- Established digital infrastructure for a wide online business presence.

- High-end website with booking plugin for reservations,

- Established brand associated with old traditional business roots embedded in cultural movement.

- Contacts of all potential suppliers & business partners.

- Social Media profiles of Business.

- A person who'll be available every day (if necessary) to help resolve any issues/problems that new owners will be facing on the property for the first year - this condition needs to be more deeply discussed.

Facilities Overview

Restaurant with 100 seats, a terrace with 50 seats, and above the restaurant are 2 apartments. Behind the restaurant is a 2-flor building with 8 rooms for workers. Hotel (3 floors) with 10 double rooms, 2 triple rooms and 2 apartments and an SPA area.

Property is owned and is located in Prevalje.

Capitalization Overview

There is still an outstanding loan of 45.000€ & there's only one owner. Business had historically 3 different mortgages/loans of which 2 have been fully repaid and the last one (90.000€) has been repaid in 50%.

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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