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Hotel for Sale in Izmit, Turkey

Boutique hotel for sale in Kocaeli, Turkey.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 540 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Izmit
Local Time 2:35 PM Europe / Istanbul
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 4.8 million (Native Currency: USD 4,800,000)
Reason: The business owners are looking for new investments and want to sell this business. The advisor does... View More
Includes physical assets worth USD 3 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Stone House
Business Overview
- Hotel business in Kartepe that has been operational for 7 years.
- Facility has 85% of occupancy in the summer and winter seasons and 40% in the off-season.
- Three-star hotel with 26 rooms and one stone house, one swimming pool, a restaurant, one wooden meeting saloon, and one breakfast saloon.
- Some rooms have a lake view and others have a mountain view.
- Very close to the ski centre and the hotel is both active in winter and summer seasons.
Products & Services Overview
Three-star hotel with 26 rooms and one stone house, one swimming pool, a restaurant and one wooden meeting saloon and one breakfast saloon.
Assets Overview
2,500 sqm owned land upon which 1,500 sqm closed hotel building, the interiors, and all the equipment in the business.
Sale includes the whole business with tangible and intangible assets.
Facilities Overview
The total owned facility area is 2,500 sqm and the closed area with 3 floors of 1,500 sqm.
Capitalization Overview
- The business is a sole proprietorship and there are no debts or loans.
- The business is funded by owners equity.
Recent Activity
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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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