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Hotel for Sale in Bar, Montenegro

For Sale: Beach complex with 44 apartment hotels, restaurant, beauty parlour, mini market, conference hall.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 1.7 million
Run Rate Sales USD 1 million
EBITDA Margin 24 %
Industries Hotels
Locations  Bar
Local Time 3:14 AM Asia / Almaty
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 16 million (Native Currency: EUR 15,000,000)
Reason: To invest in other projects.
Includes physical assets worth USD 16 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Outside View
Top View
Balcony
Private Dining
Front View
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.

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 days
    Co-Founder, Saint-Raphaël, Business Broker connected with the Business
  • Earlier than 15 days
    Founder, New York, M&A Advisor connected with the Business
  • Earlier than 15 days
    Independent Advisor, Thermi, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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1 Buyer viewed this Business this week.
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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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