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.
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.
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.
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
In talks with 3 Investors
Contact Business