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Hotel for Sale in Akçakoca, Turkey

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

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 28 thousand
Run Rate Sales USD 19 thousand
EBITDA Margin 38 %
Industries Hotels
Locations  Akçakoca
Local Time 10:17 AM Europe / Istanbul
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 460 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 300 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
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
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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.
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