Business in the Horeca Industry - Hotel & Restaurant

Business in the Horeca Industry - Hotel & Restaurant
Expert broker de afaceri - Cosmina Sandu
Business Broker Expert
Cosmina Sandu
Brașov - Romania
+4 0755 548 634
Selling price: 1.600.000 EURO
Annual turnover: 869.734 EURO
Real Estate Value 717.000 EURO
Operating profit (EBITDA) 176.841 EURO
County / City: Suceava
Country: Romania

Short description

Enjoy a business with history and prestige! We are pleased to present you with a sensational opportunity to take over a Horeca business with an impressive 24-year experience and steady organic growth.

Products and Services

With a track record of excellence in the Horeca industry, this business encompasses an accommodation unit and a terrace restaurant, situated in an exceptional location.

The accommodation unit features 5 double rooms, 5 twin rooms, 3 apartments, and an attic with 3 rooms and 2 bathrooms, providing a total of 40 accommodation places. The restaurant, with a capacity of 180 seats, offers a diverse range of culinary delights, from traditional Romanian cuisine to various menus (fast food, pasta, fish, etc.).
Additionally, the business stands out for organizing corporate events, weddings, baptisms, etc., ranking first in this regard, with renowned shows and artists. The services provided are aimed at a clientele ranging from medium to top-tier.

Operations

The hotel is equipped with all the facilities and permits required to be classified as a 3-star establishment. In addition to hospitality services, the business also provides home delivery services for meals through Glovo and Coresi networks, as well as catering for private events, thus bringing delicious dishes directly to its customers or their special occasions.

Tangible and intangible assets

Solid and Modern Building
Total Area (sqm) - 953
Land Area (sqm) - 649, out of which 349 are leased.
Originally constructed in 1995, this property was expanded in 2007 to meet the current demands of the business.

Solid Wood Furniture and New Equipment
The solid wood furniture adds an element of elegance and quality to the accommodation ambiance, ensuring the comfort and refinement of guests. State-of-the-art equipment in the restaurant is designed to provide the highest quality of service and cuisine.

Green Energy and Total Comfort
Photovoltaic panels with a capacity of 80 kW and ceiling-mounted air conditioning not only bring cost savings, but also a commitment to the environment and a superior level of comfort for guests.

Strong Brand and Reputation
With a well-known and esteemed brand for its reliability and quality, the business has earned a solid reputation in the Horeca sector, built on its longevity and the quality of both its services and products.
The committed and loyal team brings added value and stability to the business, exceeding the usual performance averages.

Market and development potential

The Horeca market is experiencing constant growth, presenting opportunities for expansion. Implementing an in-house delivery system and renovating the accommodation units could stimulate profit growth. With 95% of clients originating from the business/corporate segment, there is considerable potential for business expansion.
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 2024-07-18
Turnover from previous years 572.366 EURO
Trademark 10.000 EURO
Goodwill 493.000 EURO
Seller/bank financing 0 EURO
Approximate inventory 225.000 EURO
Inventory included in price Yes
Number of Employees 25
Support and training Yes
Reason for sale Other Entrepreneurial Opportunities Requiring Investment Capital

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