Hotel for Sale in Istanbul, Turkey
Boutique hotel with high ratings & located in the heart of Istanbul is up for sale.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | INR 1.03 crore |
| Run Rate Sales | INR 1.23 crore |
| EBITDA Margin | 40 % |
| Industries | Hotels |
| Locations | İstanbul |
| Local Time | 12:38 PM Europe / Istanbul |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
INR
1.28 crore
(Native Currency: USD 150,000)
Reason: Owner works in a multinational company as a finance director. It is a family run hotel and his wife ...
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Includes physical assets worth
INR
17 lakh
Interested to connect with advisors
Documents
Business Overview
- The hotel gets 2,000 guests annually and records 90% average annual occupancy rate.
- Business has a 8.5 rating on booking. com and has over 500 reviews. This rating is important as the new owners can buy a running hotel with a very good rating.
- Historical building that is well located in Istanbul.
- Hotel has 8 rooms.
- TripAdvisor rating of 4 stars.
- The average per month net profit is around 5,000 USD now but if more time is put into the business, it is can clear a net monthly income of around 7,000 USD.
- Business has a 8.5 rating on booking. com and has over 500 reviews. This rating is important as the new owners can buy a running hotel with a very good rating.
- Historical building that is well located in Istanbul.
- Hotel has 8 rooms.
- TripAdvisor rating of 4 stars.
- The average per month net profit is around 5,000 USD now but if more time is put into the business, it is can clear a net monthly income of around 7,000 USD.
Products & Services Overview
Bed and breakfast, WiFi, satellite TV, hot water.Mini bar, 24 hour reception, city consultancy.
Facilities Overview
4 floors, 2 rooms on each floor. Rental payment per month is 1.500 USD.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysPresident, Interior Designing, Al Khobar, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysBoard Member, School, Singapore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Travel Agency, Abu Dhabi, Individual Investor / Buyer connected with the Business
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