Hotel for Sale in Gudauri, Georgia
For Sale: Non-operational ski hotel in Georgia that generated USD 120-150k annually.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 150 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Hotels |
| Locations | Gudauri |
| Local Time | 12:39 AM Asia / Tbilisi |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
760 thousand
(Native Currency: USD 760,000)
Reason: The reason why it is being sold is that the owner has a debt of 260,000 Euros which is attached to t...
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Includes physical assets worth
USD
712 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Mortgage Agreement
(1.2 MB)
Legal paper from House of Justice
(133.9 KB)
Mortgage Agreement
(669.7 KB)
Mortgage Agreement 2nd part
(793.3 KB)
Mortgage Agreement 3rd part
(625.9 KB)
A Certificate of Acceptance
(452.8 KB)
Customers
(91.6 KB)
View During Winter
(534.6 KB)
Business Overview
- The hotel is non-operational for 5 months since the owner is not feeling well.
- Seating capacity of the restaurant is 40 pax.
- The occupancy rate of the hotel during winter was 100% and during summer it is 40%.
- The rooms in the hotel are apartment type which means that every room has all the necessary equipment in order to live (kitchen, dishes, cutlery, washing machine). This is the reason why the hotel needs no more than 6 staff members - manager, cook, waiter, cleaner, technician, and accountant (if necessary members can grow up to 10).
- Profit the restaurant generated was just enough for all the utilities and staff expenses which were also GEL 6,000 per month.
- Each room in winter cost USD 170 and in spring/summer/fall it cost USD 80.
- The winter season in Gudauri lasts up to 120 days and a hotel used to generate USD 1,000 per month.
- Seating capacity of the restaurant is 40 pax.
- The occupancy rate of the hotel during winter was 100% and during summer it is 40%.
- The rooms in the hotel are apartment type which means that every room has all the necessary equipment in order to live (kitchen, dishes, cutlery, washing machine). This is the reason why the hotel needs no more than 6 staff members - manager, cook, waiter, cleaner, technician, and accountant (if necessary members can grow up to 10).
- Profit the restaurant generated was just enough for all the utilities and staff expenses which were also GEL 6,000 per month.
- Each room in winter cost USD 170 and in spring/summer/fall it cost USD 80.
- The winter season in Gudauri lasts up to 120 days and a hotel used to generate USD 1,000 per month.
Products & Services Overview
Hotel with 16 rooms and a restaurant.
Assets Overview
800 sqm hotel with restaurant on a 1,400 sqm plot of land.
Facilities Overview
The hotel is on a 1,400 sqm plot of land. The hotel has 4 floors. The restaurant is on the first floor. The rest floors are dedicated to 10 apartments (16 rooms) in the hotel. There are single-room, 2-room, and 3-room apartments. A 3-room apartment costs 170$ per day, and a 2-room costs 120$ per day.
Capitalization Overview
- The company has a debt of EUR 260,000 at the time of the transaction.- Company has 1 owner.
Recent Activity
-
Earlier than 15 daysManaging Director, Security And Facility, Hyderabad, Corporate Investor / Buyer connected with the Business
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