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Hotel for Sale in Antalya, Turkey

Boutique hotel in Antalya located near a beach and has historical sites around the hotel.
This transaction has concluded.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 5 - 10
Legal Entity Other
Reported Sales USD 300 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels
Locations  Antalya
Local Time 11:22 AM Europe / Istanbul
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.6 million (Native Currency: USD 1,550,000)
Reason: Due to owner's health issue.
Includes physical assets worth USD 1.6 million
Business Overview
The boutique hotel has market presence for 30 years. It is located 1 km away from the beach and there are many historical sites in the area. The hotel is operational throughout the year except during winters. It receives highest customers during summers. The hotel is currently closed due to COVID-19.
The hotel is spread on 3 floors with 35 rooms and has a total of 75 beds. Total size of the land is 2,550 sq mt of which 850 sq mt has the hotel infrastructure and rest 1,700 sq mt is an open area for car parking. Ground investigation / inspection of the building & property has been done by professionals. Business does not have any loan / debt. Business owned assets include land & building, furniture and office equipment.
This opportunity is also lucrative for foreign buyers. A foreign buyer can get a Turkish citizenship by investing in this property. Company is only looking to sell the property, assets and operations of the business. The legal entity and brand name will not be a part of sale.
Products & Services Overview
Boutique hotel.
Facilities Overview
Company owned land of 2,550 sq mt. The hotel infrastructure is on 850 sq mt and rest 1,700 sq mt is an open area for car parking.
Capitalization Overview
Not Disclosed
Recent Activity
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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.
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