Profitable hotel in the middle of nature
Selling price: 900.000 EURO
Annual turnover: 287.296 EURO
Real Estate Value 600.000 EURO
Operating profit (EBITDA) 79.278 EURO
County / City: Brașov
Country: Romania
Short description
A profitable business that has managed in time to hold a very large portfolio of loyal customers.Products and Services
The project was started in 2008, with the acquisition of the land on which the hotel is located.Operations
During the period 2008-2011 they managed to incorporate the land, located in a National Park and get all the approvals, the building permit and non-refundable financing from European funds. The project monitoring period ended.Tangible and intangible assets
During the period 2011-2014, they built the property and obtained all necessary permits for the hotel's activity.After four years of operation, they had over 20,000 guests at the hotel, of which about 12,000 return with great pleasure. Also, many companies that have had a corporate event here have come back on other occasions, which mean they appreciated the rooms, facilities, food, hospitality the location with top quality materials.
Market and development potential
The location was chosen because the fresh air, wildlife and you can admire the yellow mountain peonies and it is also the perfect environment for disconnecting from the daily stressful life of the big cities.Detailed information
Business established on 2022-11-18
Turnover from previous years 239.017 EURO
Trademark 10.000 EURO
Goodwill N/A
Seller/bank financing 177.000 EURO
Approximate inventory 500.000 EURO
Inventory included in price Yes
Number of Employees 8
Support and training Yes
Reason for sale Other business interests