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Hotel for Sale in Arhavi, Türkiye

For sale: Boutique hotel, restaurant & trout farm in Arhavi, Artvin with 12 rooms.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 156 thousand
EBITDA Margin 40 %
Industries Hotels + 1 more
Locations  Arhavi
Local Time 8:58 AM Europe / Istanbul
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.62 million (Native Currency: TRY 75,000,000)
Reason: - The owners are pursuing new business ventures and are no longer able to dedicate the time and focu... View More
Includes physical assets worth USD 1.62 million
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Business Overview
- The business is a hotel offering 12 rooms and 35 beds with an average occupancy rate of 80%.
- It has built a strong reputation, maintaining guest ratings of 9.0–9.5/10 across Booking. com and Expedia.
- The property also features a restaurant with a seating capacity of 55 guests, serving local Black Sea cuisine.
- The business generates revenue from four streams: hotel accommodation, restaurant operations, trout farming, and future land development potential.
- The trout farming operation has a capacity of 70,000 units and benefits from zero water costs.
- The hotel has been operating continuously under the same ownership for more than 25 years.
- It was recently accepted into Expedia's VIP Access program, reflecting its high standards of guest satisfaction and service quality.
- The business operates with an operating license and tourism certificates in place.
Products & Services Overview
Primary revenue is generated from hotel accommodation and a restaurant serving Black Sea cuisine, catering to guests seeking a peaceful retreat from busy city life and a comfortable, high-quality accommodation experience.
Assets Overview
Tangible assets include the freehold property, comprising the three-storey main hotel building with 12 guest rooms, a shell-and-core annex with 12 additional rooms ready for fit-out, and a separate two-storey guesthouse of approximately 300 m². Other tangible assets include the trout farming operation and its associated equipment, the restaurant and its fully equipped commercial kitchen, and all furniture, fixtures, fittings, and operational equipment required to run the business.

Intangible assets include an established customer base, the company website, social media accounts, and active profiles on Booking. com, Expedia, and Hotels. com with a strong review history. Additional intangible assets include the hotel's Expedia VIP Access status, all operating licenses and tourism certifications, the business brand, and over 25 years of operating history and market presence.
Facilities Overview
- The business operates on 5,250 m² of freehold-owned land.
- The property includes a three-storey main building with 12 operational guest rooms accommodating up to 35 guests.
- The top floor, measuring approximately 330 m², can be converted into premium suites.
- In addition, 12 rooms are already constructed to the shell-and-core stage and are ready for interior fit-out, allowing the total room inventory to increase from 12 to 24 rooms.
- The property also includes a separate two-storey guesthouse of 300 m² with capacity for 10 guests.
- It is currently used as the owner's residence, but can be converted into additional guest accommodation if required.
- A trout farming operation is located on the property and has a production capacity of 70,000 units.
- The farm is supplied by natural spring water, providing a reliable and cost-efficient resource for operations.
Capitalization Overview
- The business is registered as a sole proprietorship and has been entirely self-funded through its operations.
- It has no outstanding debts or loans.
- The property is owned by three co-owners, each holding a 33% ownership stake in the real estate.
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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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