Hotel for Sale in Berovo, North Macedonia
For Sale: Highly reputed mountain hotel, 31 rooms, 1 apartvilla, 2 terraces and conference rooms.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 980 thousand |
| Run Rate Sales | USD 970 thousand |
| EBITDA Margin | 30 % |
| Industries | Hotels |
| Locations | Berovo |
| Local Time | 10:57 PM Europe / Skopje |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
4 million
(Native Currency: EUR 3,500,000)
Reason: The hotel is family-owned, and we have decided to sell it due to a lack of heirs to continue the bus...
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Includes physical assets worth
USD
4 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
Not disclosed
User Verification
Documents
Offering Memorandum
(148.4 KB)
Presentation of the hotel
(10.1 MB)
Forest View and Traditional Food Offer
(121.5 KB)
Govt Registration Certificate
(535.1 KB)
Business Overview
- General information:
• Type: Traditional Mountain Hotel constructed two decades ago.
- Amenities and Features:
• Accommodation: 31 rooms and suites across 3 wings, plus 1 Apart villa.
• Dining: Restaurant for 220 people (part adaptable as Conference Hall 3 for up to 100 people).
• Terraces: Two terraces accommodating 30 and 60 people respectively.
• Conference Rooms: Two rooms accommodating 45 and 55 people respectively.
• Spa center: Finnish sauna, steam bath, Jacuzzi, massages.
• Amenities: Parking lots, children's playground, wireless internet coverage, photovoltaic plant with 40kw capacity and 60kw inverter.
Investment Highlights:
• Sustainable Development: Operates with a strong commitment to sustainable practices.
• Growth and Quality: Achieved continuous fourfold growth in infrastructure, service offerings, and quality.
• Occupancy: Average year occupancy of 45%.
• High Ratings: Booking. com (9/10), TripAdvisor (4.5/5), Google (4.6/5), Facebook (4.5/5).
• Renowned Brand: Well-known locally in Macedonia and Western Bulgaria.
• Ecological Location: Located in the clean, green Maleševija region.
• Health-Optimal Altitude: Situated at 900 meters above sea level.
• Exceptional Air Quality: Natural corridor rich in oxygen and essential oils.
• Scenic Beauty: Dubbed "Little Switzerland" for its stunning mountain landscapes.
• Gourmet Local Cuisine: Traditional specialties made from high-quality local ingredients.
• The distance and approximate travel times to the nearest airports and international centers:
1. Skopje, Macedonia: 150km away, approximately 1 hour and 45 minutes by road.
2. Sofia, Bulgaria: 169km away, approximately 2 hours and 14 minutes by road.
3. Thessaloniki, Greece: 169km away, approximately 2 hours and 50 minutes by road.
4. Prishtina, Kosovo: 240km away, approximately 3 hours by road.
• The establishment possesses all necessary documentation, including business registration and other required paperwork.
- Sale Conditions:
• Property sold as a ongoing business: The sale includes the real estate, the land and buildings, fixtures, fittings, equipment, furniture, operational management (excluding the General Manager) and staff, and the hotel's brand, reputation, customer base and goodwill. Current bookings, contracts, financial operations, and business records are not included.
• Type: Traditional Mountain Hotel constructed two decades ago.
- Amenities and Features:
• Accommodation: 31 rooms and suites across 3 wings, plus 1 Apart villa.
• Dining: Restaurant for 220 people (part adaptable as Conference Hall 3 for up to 100 people).
• Terraces: Two terraces accommodating 30 and 60 people respectively.
• Conference Rooms: Two rooms accommodating 45 and 55 people respectively.
• Spa center: Finnish sauna, steam bath, Jacuzzi, massages.
• Amenities: Parking lots, children's playground, wireless internet coverage, photovoltaic plant with 40kw capacity and 60kw inverter.
Investment Highlights:
• Sustainable Development: Operates with a strong commitment to sustainable practices.
• Growth and Quality: Achieved continuous fourfold growth in infrastructure, service offerings, and quality.
• Occupancy: Average year occupancy of 45%.
• High Ratings: Booking. com (9/10), TripAdvisor (4.5/5), Google (4.6/5), Facebook (4.5/5).
• Renowned Brand: Well-known locally in Macedonia and Western Bulgaria.
• Ecological Location: Located in the clean, green Maleševija region.
• Health-Optimal Altitude: Situated at 900 meters above sea level.
• Exceptional Air Quality: Natural corridor rich in oxygen and essential oils.
• Scenic Beauty: Dubbed "Little Switzerland" for its stunning mountain landscapes.
• Gourmet Local Cuisine: Traditional specialties made from high-quality local ingredients.
• The distance and approximate travel times to the nearest airports and international centers:
1. Skopje, Macedonia: 150km away, approximately 1 hour and 45 minutes by road.
2. Sofia, Bulgaria: 169km away, approximately 2 hours and 14 minutes by road.
3. Thessaloniki, Greece: 169km away, approximately 2 hours and 50 minutes by road.
4. Prishtina, Kosovo: 240km away, approximately 3 hours by road.
• The establishment possesses all necessary documentation, including business registration and other required paperwork.
- Sale Conditions:
• Property sold as a ongoing business: The sale includes the real estate, the land and buildings, fixtures, fittings, equipment, furniture, operational management (excluding the General Manager) and staff, and the hotel's brand, reputation, customer base and goodwill. Current bookings, contracts, financial operations, and business records are not included.
Products & Services Overview
- The business's top-selling products and services include accommodations such as rooms, a villa, traditional food in the restaurant and conference rooms dedicated to corporate meetings. They also offer a variety of amenities and activities such as a spa center, cooking classes, wellness retreats, hiking, mountain biking, lake kayaking, and fishing experiences.- These offerings cater to a diverse clientele seeking: relaxation, adventure, remote working place, MICE venues, health getaway, as well as nature.
Assets Overview
The buyer will obtain the following tangible and intangible assets:- Ownership of the land.
- Ownership of the building.
- Usable space totaling approximately 21,877 square feet.
- Spa facilities: Finnish sauna, steam bath, Jacuzzi, and massage rooms.
- Additionally, the sale includes fixtures, fittings, equipment, furniture, operational management (excluding the General Manager), staff, as well as the hotel's brand, reputation, customer base, and goodwill.
Facilities Overview
The facility, situated in Berovo, North Macedonia, is fully owned and includes:- Land Size: Approximately 17,383 square feet.
- Building Size: Approximately 7,578 square feet.
- Usable Space: Approximately 21,877 square feet.
- Accommodation: Consists of 31 rooms and suites spread across 3 wings, plus 1 separate villa.
- Spa Facilities: Features a Finnish sauna, steam bath, jacuzzi, and massage rooms.
- Also has conference rooms, kinder park and parking lots.
Capitalization Overview
- The business is ongoing and self- funded.- Has 1 owner.
There is a loan amount of EUR 400,000 which will be paid back by the business using the money from this sale. So the buyer gets the business debt-free.
Recent Activity
-
Earlier than 15 daysSr. Sales Advisor, New York City, Business Broker connected with the Business
-
Earlier than 15 daysCEO, Investment Firm, London, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Hotel, Tel Aviv-Yafo, Individual Investor / Buyer connected with the Business
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