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Hotel for Sale in Demir Kapija, North Macedonia

Beautiful hotel and restaurant located in the heart of Macedonia.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 460 thousand
Run Rate Sales USD 550 thousand
EBITDA Margin 40 %
Industries Hotels + 1 more
Locations  Demir Kapija
Local Time 10:59 PM Europe / Skopje
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.2 million (Native Currency: EUR 1,900,000)
Reason: The owner's core business is not hospitality and they plan to use the proceeds from this sale to exp... View More
Includes physical assets worth USD 2.13 million
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Business Overview
- Growing hotel & restaurant that is in the second year of operations, located on E-75 highway. This highway is especially frequented from May to September, during the summer season because all European cars which are traveling to Greece are passing by and it is already recognized as a pit stop point.
- The condition of the property is excellent, it is almost new, and the hotel was built five years ago.
- The restaurants and rooms are fully equipped with modern furniture and utensils.
- We have been receiving a lot of bookings for room and wedding bookings for the upcoming summer season, and weddings.
- Buyer gets the land, building, all installed FF&E, and all necessary permits needed to operate this business.
Products & Services Overview
Hotel rooms equipped with modern furniture and utensils; restaurant, spa, and conference room.
Assets Overview
10,000 sq. m. of land with a market value of EUR 50-60/sq. m. (Total value EUR 500-600k).
The value of the furniture and fixtures is EUR 500/m2 for the total equipment. (Total value of about EUR 860k.
The remaining EUR 200-300k is the value of the infrastructure and other assets on the premises.
Facilities Overview
The closed area is 1,737 sq. m. across 3 floors.
Ground floor:
- 300 sq. m. restaurant area with a capacity for 250 guests, fully equipped. Suitable for all kinds of events, wedding ceremonies, etc.
- Mini spa centre with jacuzzi, sauna, and Turkish bath.
First floor:
- 14 units for accommodation:
- 2 apartments,
- 2 family rooms,
- 5 rooms with double beds,
- 4 rooms with double bed + single bed,
- 1 room with double bed + 2 single beds.
- Conference room of around 60 sq. m. , suitable for around 40 seats.
The second floor has around 450 sq. m. which is under the roof but not fully finished. It is suitable for 7-8 apartments for guests or eventually apartments for the owners.
The outdoor area of 1,200 sq. m. has open-door restaurants adapted for open-space ceremonies.
For the land from 10,000 sq. m. which is included in this offer, has a permit for building additional facilities up to 28,000 sq. m. Eventually, in the spirit of nature, bungalows are an option for another concept of hospitality.
Capitalization Overview
- Two owners in a 75:25 shareholding split in the business.
- A loan of EUR 800,000 was taken from the bank.
Recent Activity
  • Earlier than 15 days
    Director, Brussels, M&A Advisor connected with the Business
  • Earlier than 15 days
    CEO, Chennai, Financial Consultant connected with the Business
  • Earlier than 15 days
    GM, Cluj-Napoca, Financial Consultant connected with the Business
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3 Buyers already contacted this Business. Register below to connect now!
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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