Need help?

Hotel for Sale in Akçakoca, Turkey

For Sale: 10,000 sqm and 40 rooms hotel with 80-90% rate for 3 seasonal months.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 23 thousand
Run Rate Sales USD 15.3 thousand
EBITDA Margin 38 %
Industries Hotels
Locations  Akçakoca
Local Time 2:45 PM Europe / Istanbul
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 380 thousand (Native Currency: TRY 15,000,000)
Reason: The business has 3 owners from Germany and they cannot come here and manage the facility so they wan... View More
Includes physical assets worth USD 255 thousand
Business Overview
- Hotel business in Akcakoca that has been operational for 10 years.
- Hotel with 40 rooms, two swimming pools, a restaurant, grill area, sports area for volleyball and football, gardens and trees.
- We receive around 8,000-10,000 guests during 3 months' season and every room could accommodate 4-5 guests with an extra bed.
- If the business makes some small changes in facility and renovate, 100% of the investment would return in 2-3 years.
- Facility has 80-90% occupancy rate during the season and 50-60% occupancy rate during the off season.
- This is one of the well-known holiday spots.
- This hotel is a self-catering type of accommodation and there is no daily room service or cleaning service required so it requires less staff and less effort to run the business.
- This year we have done TRY 400K sales in just 3.5 months.
- Business is operational but the occupancy rate is only 50% due to the pandemic, as a result, the sales are low.
Products & Services Overview
Hotel with 40 rooms, a small grocery store, two swimming pools, restaurant, grill area, sports area for volleyball and football, green area and trees for playing and sitting under the shadow of the trees.
Assets Overview
Land, 2 swimming pools, 2,200 sqm structure, 3 pieces of modular cabins, 3 water wells, green areas with 25 big old trees, 6 pieces stone masonry barbecues, 3 big swings, lots of tables and chairs, and 3 bowers.
Facilities Overview
Owned 10,000 sqm facility located on the coastline and nearly one step to the beach. The property has buildings, swimming pools, water wells, green areas and small modular cabins.
Capitalization Overview
Not Disclosed
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
Frequently
Asked
Questions
  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more