Guesthouse for Sale, With Restaurant, Located in the Danube Delta

Selling price: 500.000 EURO
Annual turnover: 38.468 EURO
Real Estate Value 340.000 EURO
EBITDA 3.791 EURO
County / City: Tulcea
Country: Romania
Short description
The Danube Delta guesthouse proposed for sale is a successful, profitable business, open to the public since 2007. We used the term "public" because the guests of the guesthouse are both tourists and professional or amateur fishermen, an aspect relevant to the period in which the ocupancy rate is highest. The business that is the subject of our offer was founded by a few fishermen who wanted to offer superior accommodation and meals for those who want to relax by fishing as a hobby or commercial / sports activity.If tourists arrive at the pension in general during the summer, fishermen arrive here in the fishing season from April to October, sometimes even November (with respect to the periods of
prohibition). The Lipovan locality is a fishermen's paradise: here is organized, annually, the "Pike Cup", a contest which welcomes fishing enthusiasts from all over the country.
Products and Services
Products and servicesIn addition to accommodation in the 8 rooms, the restaurant can serve, for a fee, all 3 meals of the day, consisting of traditional fish dishes but also traditional Romanian cuisine. In the courtyard of the guest house there is also a medium capacity swimming pool, which brings extra comfort and leisure options. Additional services that bring in considerable income are the rental of boats for leisure trips or fishing.
The day of accommodation starts at 14:00 and ends the next day at 12:00. The price of accommodation differs between weekdays and weekends.
Operations
Sales and profit historyGiven the location, the services offered and the flow of customers, this guesthouse for sale in the Danube Delta is able to generate annual profit. The location is well known
by participants in national fishing competitions.
staff: at the moment, the pension operates with 2 employees.
clients and communication channels: direct promotion, communication with clients and reservations are made on the pension's website, with 88% reviews of 4-5 stars. Through the collaboration with Booking and the promotion on its own website, over the years the guesthouse has attracted tourists from all over the world, becoming an emblem for the Delta area. Customers can reach Murighiol by personal car, where, for a fee, they can leave it in a guarded parking lot, and from here they are taken to the guesthouse by boat.
Tangible and intangible assets
Location and positionLocated on the Uzlina canal, Murghiol, this guesthouse for sale in the Danube Delta operates on a total land area of 1528 square meters and is fenced with planks on the entire perimeter of the property. The business started in January 2007, by building small cabins, with 2 single beds each. Subsequently, on the place of one of them, which burned, the pension was built, with a capacity of 8 double rooms, all equipped with private bathroom and 2 apartments with hydromassage bathrooms, with a total area of 103 sqm. In parallel, the restaurant was built, on a wooden structure and a concrete foundation, covering an area of 151 square meters.
The latter has a kitchen, an indoor dining area and an outdoor terrace. The height of the roof allowed the attic to create accommodation for employees.
Market and development potential
OpportunitiesThere is the possibility to increase the accommodation capacity, by restoring the existing houses, provided with an attic, each with an average area of 25 square meters, and by the diversification of the boat service and day-trip offerings.
This guest house for sale in the Danube Delta currently has no debts and generated a profit even in 2020, when tourism faced great challenges. The guesthouse maintained sales thanks to the attraction represented by the Danube Delta among tourists.
Detailed information
Business established on 2022-11-18
Turnover from previous years 66.250 EURO
Trademark 20.000 EURO
Goodwill 40.000 EURO
Seller/bank financing 0 EURO
Approximate inventory 25.245 EURO
Inventory included in price Yes
Number of Employees 2
Support and training Yes
Reason for sale Multiple businesses