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Luxury Hotel for Sale in Batumi, Georgia

Sea-side Luxury Hotel in Georgia, with restaurant and bar, meeting room and 30 rooms.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 700 - 800 thousand
Run Rate Sales USD 750 thousand
EBITDA Margin 30 - 40 %
Industries Luxury Hotels
Locations  Batumi
Local Time 4:19 PM Europe / Istanbul
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 6 million (Native Currency: USD 6,000,000)
Reason: Due to the owner's advancing age and health reasons.
Includes physical assets worth USD 6 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- A well-established sea-side hotel business, located in Georgia.

- The building of the hotel is a historical building. The exterior and interior facade was restored with original decorations.

- Consists of 4 floors in total and has a large store that can be rented on the ground floor.

- Has an occupancy capacity of 30 rooms, with 2 variants, large rooms of 54 sq m and small rooms of 30 sq m.

- Most of our guests prefer to stay in larger rooms as compared to smaller rooms.

- Occupancy rate of the hotel is 70% most of the year. Peak season is during summer and Christmas, when we have 100% occupancy.

- Additional facilities includes a 120 seater restaurant with bar and 1 meeting room.

- Our hotel received an award in its category from the booking. com website. It is right opposite Batumi Port and located in the center of the historical and touristic area called "Old Batumi".

Products & Services Overview

Hotel with facilities like:

-30 rooms.

- Restaurant.

- Bar.

- Meeting room.

Assets Overview

- Own building and property.

- Security technology.

- Management technology (computers, printers and software)

- ventilation system.

- T vs, beds, tables, carpets and cabinets in the rooms.

- Artifacts used for decoration.

- Kitchen, tables, bar and chairs used in the restaurant.

- Retractable awning system used on the terrace.

- Music system.

- Meeting room projection system.

Facilities Overview

Own hotel facility of 2,500 sq m and 4 floors in Batumi, Georgia.

Capitalization Overview

The business is able to finance itself thanks to its annual profit.

It does not have any debt.

There is no partnership and 100% of the business is owned by single person/company group.

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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