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Hotel for Sale in Bakuriani, Georgia

Non-operational 26-room hotel with indoor pool, kitchen, and dining area services in Bakuriani.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 120 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels
Locations  Bakuriani
Local Time 3:13 AM Asia / Tbilisi
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.7 million (Native Currency: USD 1,667,000)
Reason: The owners passed away last year and the family wants to sell the business.
Includes physical assets worth USD 1.7 million
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Business Overview
- A non-operational 26-room hotel located in the heart of Bakuriani.
- Offers a variety of room categories including standard, duplex, deluxe, and family apartments, with the capacity to accommodate over 70 guests.
- The hotel, unfortunately, has not been operational this year as the owners passed away last year.
The peak season spans 8 months from December to April.
- The property boasts several amenities, including an indoor pool, sports activities, kitchen and dining area services.
- With 5 floors and an occupancy rate of 75% to 100%, the hotel has the potential to generate significant returns for investors who are willing to undertake the necessary operational and management restructuring.
Products & Services Overview
Hotel with 26 rooms, indoor pool, sports activities, kitchen and dining area services.
Peak season spans for 8 months from December to April.
Assets Overview
Physical assets include the land, property, interiors, exteriors, furniture, fixtures etc.
Facilities Overview
Own property - land is 2,686 sq m and built-up area is 2,537.57 sq m.
5 floors - (basement + ground + 3)
Municipally of Borjomi, Bakuriani.
Capitalization Overview
Business is self-funded.
Have a property mortgage bank loan, which will be cleared during the sale.
There are currently 2 shareholders in the business.
Recent Activity
  • Earlier than 15 days
    Owner, Tbilisi, Commercial Real Estate Broker connected with the Business
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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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