Luxury Hotel for Sale in Batumi, Georgia
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 |
- 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".
Hotel with facilities like:
-30 rooms.
- Restaurant.
- Bar.
- Meeting room.
- 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.
Own hotel facility of 2,500 sq m and 4 floors in Batumi, Georgia.
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.
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Earlier than 15 daysF&B Management Trainee, Hospitality, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Hospitality, Bangalore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Insurance And Finance Advisory, Ede, Individual Investor / Buyer connected with the Business