Business for Sale - Best Western Central Hotel in Arad, Romania

Business for Sale - Best Western Central Hotel in Arad, Romania
Business broker
Mirel Borodi
Cluj - Romania
+40 744 800 514
Selling price: 5.000.000 EURO
Annual turnover: 913.631 EURO
Real Estate Value 4.500.000 EURO
Operating profit (EBITDA) 60.909 EURO
County / City: Arad
Country: Romania

Short description

Today we present a business for sale located in western Romania, which benefits from an international brand and a good reputation on the local market. Strategically located in the heart of the city of Arad, and surrounded by lots of vegetation, with an exceptional natural garden, Hotel Best Western Central is a perfect refuge for business and tranquility, to which is added comfort to luxury standards, turning it into the best and most beautiful accommodation location in Arad.

Products and Services

Since 2000, the only international hotel chain present in the city, part of the Best Western group, this hotel for sale offers a new meaning to the notion of classic style that differentiates it from other hotels in Arad and a new purpose in the art of exclusive hospitality.

This hotel has a 4-star rating, having a total capacity of 41 rooms and 2 luxury suites.

Operations

In addition to accommodating guests, the hotel also has a completely renovated and modernized restaurant, with a capacity of 80 seats, where one can organize exceptional festive meals, business events, and private parties. Through the menus they offer customers, the current owners try to live up to expectations and the most refined tastes and preferences.

The hotel also has a conference room with a capacity of 80 seats and lounges for small business meetings and parties.

Tangible and intangible assets

Moreover, we mention here that this business for sale was recently modernized, the last stage of renovations being completed in 2016, by modifying and updating the restaurant, bar, and reception, creating the Lobby-bar.

We would like to hereby present the composition of this hotel for sale:

Land area: 4200 sqm + 650 sqm in concession for 49 years

The building consists of: basement + ground floor + 4 levels + elevator shaft. This is the internal organization of this hotel for sale:

In the basement, there are:

- wine cellar with 20 seats

- conference room with 80 seats (and a store for storing materials)

- sauna

- gym

- toilet

- laundry

- technical room

- storage

On the ground floor, there are:

- restaurant with 80 seats, with an area of ​​200 sqm

- kitchen and pastry

- lobby bar and hotel reception, covering an area of ​​200 square meters

- the Classic Salon, with a capacity of 25 seats

- the Delta Salon, with a capacity of 10 seats

- offices

- toilet

The Best Western Central Hotel, classified by the Ministry of Tourism in the 4-star category, has 41 rooms and 2 suites, distributed on 4 levels, occupying an area of ​​1100 sqm

- 11 single rooms with matrimonial bed - 4th floor

- 11 double twin rooms - 3rd floor

- 18 double matrimonial rooms - 1st and 2nd floors

- 2 Deluxe Suite apartments - 1st and 2nd floors

- 1 room for the disabled - ground floor

On the outside, we find the following:

- summer garden, with a capacity of 40 seats

- semi-covered terrace, with 24 seats.
When advertising a business for sale, the person doing this advertising has the professional obligation to keep the business's and shareholders' information confidential. Therefore, data fields marked N/A can only be disclosed by signing a Non-Disclosure Agreement (NDA).

Detailed information

Business established on 2022-11-18
Turnover from previous years 852.723 EURO
Trademark EURO
Goodwill 50.000 EURO
Seller/bank financing 0 EURO
Approximate inventory 500.000 EURO
Inventory included in price N/A
Support and training Yes
Reason for sale Retirement of the administrator

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