Hotel for Sale in Bar, Montenegro
For Sale: Beach complex with 44 apartment hotels, restaurant, beauty parlour, mini market, conference hall.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 1.87 million |
| Run Rate Sales | USD 1.12 million |
| EBITDA Margin | 24 % |
| Industries | Hotels |
| Locations | Bar |
| Local Time | 4:51 PM Asia / Krasnoyarsk |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
17.6 million
(Native Currency: EUR 15,000,000)
Reason: To invest in other projects.
Includes physical assets worth
USD
17.6 million
Interested to connect with advisors
Documents
Outside View
(60.5 KB)
Top View
(129.0 KB)
Balcony
(68.3 KB)
Private Dining
(91.4 KB)
Front View
(116.4 KB)
Hotel Presentation
(2.0 MB)
Business Overview
- The hotel is located on the first line of the Adriatic Sea.
- There are 44 apartments in the hotel, designed as De Luxe apartments with areas ranging from 48m2 to 100m2 with high ceilings and balconies overlooking the sea.
- The luxurious a-la-carte restaurant has its own terrace with panoramic glazing and automatically-shifting roofing. It can accommodate as much as 365 people.
- The hotel’s occupancy rate is 100% in high season and 30-50% in low season, making it highly competitive.
- We also organize weddings, birthdays, business lunches, seminars, cocktail parties.
- Hotel receives guest from all over the world.
- The apartment-hotel with the restaurant is one of the few complexes of this level that is working in Montenegro all year around.
- As a consequence of the pandemic, sales have fallen due to fewer visitors.
- Business is located in Montenegro and is listed on the platform by a management member based in Kazakhstan.
- There are 44 apartments in the hotel, designed as De Luxe apartments with areas ranging from 48m2 to 100m2 with high ceilings and balconies overlooking the sea.
- The luxurious a-la-carte restaurant has its own terrace with panoramic glazing and automatically-shifting roofing. It can accommodate as much as 365 people.
- The hotel’s occupancy rate is 100% in high season and 30-50% in low season, making it highly competitive.
- We also organize weddings, birthdays, business lunches, seminars, cocktail parties.
- Hotel receives guest from all over the world.
- The apartment-hotel with the restaurant is one of the few complexes of this level that is working in Montenegro all year around.
- As a consequence of the pandemic, sales have fallen due to fewer visitors.
- Business is located in Montenegro and is listed on the platform by a management member based in Kazakhstan.
Products & Services Overview
Hotel with 44 apartments, restaurant, private beach, terraces, room rentals, playground, beauty parlour, mini market, conference hall.
Assets Overview
Land, building, interiors, tables, beds, TVs, ACs, sheets and all everything else which is owned by the company.
Facilities Overview
Own 6,000 sq m property with a 6-floor building. Property has 44 apartments, own beach space of 100 metres and own parking space.
Capitalization Overview
All the information regarding the debts/loans outstanding and the total number of shareholders/owners of the business with percentage ownership is to be revealed after the signing of the NDA with the interested party.
Recent Activity
-
Earlier than 15 daysCo-Founder, Saint-Raphaël, Business Broker connected with the Business
-
Earlier than 15 daysFounding Partner, New York City, Investment Bank connected with the Business
-
Earlier than 15 daysIndependent Advisor, Thermi, Financial Consultant connected with the Business
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