Business for sale

Western style tourist resort near Bran Castle

Western style tourist resort near Bran Castle
Expert broker de afaceri - Cosmina Sandu
Business Broker Expert
Cosmina Sandu
Brașov - Romania
+4 0755 548 634
cosmina.sandu@trade-x.ro
Selling price: 3.986.000 EURO
Annual turnover: 664.003 EURO
Real Estate Value 3.500.000 EURO
Operating profit (EBITDA) 163.077 EURO
County / City: Brașov
Country: Romania

Short description

 Located in one of the five most visited areas in Romania, this tourist complex has a lot to offer: multiple sources of income, constant flow of customers throughout the year, a multitude of opportunities to grow and expand, and a great business history. The property is surrounded by breathtaking mountain landscapes and offers a multitude of vacation activities, hospitality and relaxation being the resort’s main goal.

Products and Services

 Located just a few kilometers away from Poiana Brasov and Predeal, at the foot of the Bucegi Mountains, this property stretches over a generous area of aproximately 2 ha of land and has quick access to most of the developed areas of Brasov County.
The existing constructions are used as touristic pensions, being classified in the 5-daisies category. It offers a total of 100 beds distributed in 45 rooms and suites designed and equipped with western-style furniture.
Construction’s features:
• one building with GF+1E+AT height regime, surface area of 417 sqm, and 14 rooms, each with its own bathroom. Currently, the building is being renovated and extended with another 13 rooms and an indoor pool with SPA Center (saunas, relaxation room, massage rooms, fitness room).
• one building with D + GF + 1E + AT height regime, surface area of 982 sqm, 17 rooms and apartments, each with its own bathroom. It has a restaurant with its own kitchen and 200 dining places distributed both inside and outside.
• one building with GF+E1 height regime, surface area of 1000 sqm, a conference room for 60 people, a room for festive events with a capacity of 200 seats, fully equipped with new equipment
• tennis court
• modern horse-riding space spread over an area of 1500 sqm, where horse lovers come to get involved in the mysteries of this relaxing and noble activity. It is composed of an interior riding arena with 6 stalls, stables with 12 stalls, an apartment for staff, and 70kw solar panels.
• technical construction for thermal power plants
The property has parking spaces, green spaces and a playground for children.

Operations

 The seller has invested a lot in the property, achieving a vision that maximizes the potential income of the available space with efficient operational costs. He expanded the business with a beautiful residence area with 6 apartments spread over 1/2 ha, without affecting the operation of the existing complex, thus generating additional revenues and profits in addition to the complex itself.
The management of this business can be easily transferred to any new owner. The future buyer is provided with several months of support and training for the transfer of know-how.

Tangible and intangible assets

 The property extends on three separate lots with titles.
It has great reviews on Booking, TripAdvisor, Google and Expedia for its high-quality services.
This company is sold together with the profit-bearing company, with no debts, thus ensuring the buyer a functional activity from the first day with:
• appropriate facilities and specific equipment
• contracts with customers, suppliers, employees, collaborators
• authorizations, approvals, certifications (as required)
• real estate
• registered trademark, brand, know-how
• financial rights

Market and development potential

 The resort attracts guests from Brasov as well as national and international travelers who visit beautiful Romania. With a good employee retention rate and a loyal customer base, the business represents a good investment opportunity in the light of an extensive commercial progress. The increasing demand for accommodations in mountaineous areas is urging investors to consider exploiting the potential to generate tourism revenues. Thus, an increase in the number of accommodations is observed, this being directly proportional to the existing demand on the market.
Of course, the special characteristics of the offer invites for more details.
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 2023-03-17
Turnover from previous years 582.378 EURO
Trademark 80.000 EURO
Goodwill 486.000 EURO
Seller/bank financing 3.000.000 EURO
Approximate inventory 26.000 EURO
Inventory included in price Yes
Number of Employees 16
Support and training Yes
Reason for sale Professional evolution and development

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