Hotel for Sale in Izmit, Turkey

The business primarily generates revenue from boutique hotel accommodation services, used by tourists and business travelers staying in Izmit for short or extended visits. Additional revenue comes from the rooftop café/restaurant, massage services, laundry facilities, and indoor parking, which are used by both hotel guests and some walk-in visitors. Tangible assets breakdown (total value: TRY 146 million):
- Land plot (621 m²): TRY 55,000,000.
- Hotel building structure, including basement, guest floors, rooftop terrace, elevator, and core infrastructure: TRY 60,000,000.
- 25 fully furnished guest rooms and office (beds, wardrobes, décor, fixtures): TRY 10,000,000.
- Reception, lobby furniture, and common area fittings: TRY 4,000,000.
- Restaurant hall furniture and décor (capacity ~50 guests): TRY 4,000,000.
- Professional kitchen equipment and appliances: TRY 4,000,000.
- Laundry equipment (washing, drying, and related machines): TRY 2,000,000.
- Massage/treatment rooms with private bathroom fittings: TRY 3,000,000.
- Indoor parking area setup and storage rooms: TRY 2,000,000.
- Other operational furniture, fixtures, equipment, and technical systems: TRY 2,000,000.

Intangible assets include the hotel’s operating license (ÖZO), the established brand name and market reputation, its boutique hotel classification, and active online listings across booking platforms with an average guest rating of approximately 4.2/5, reflecting consistent customer satisfaction and brand recognition. The business operates from an owned boutique hotel built on 621 m² of land in Izmit. The property includes a 474 m² basement used for indoor parking, storage, and service areas, while the ground and guest floors each have about 310 m² gross (250 m² net). The building has three guest floors with 25 rooms and an office, along with a rooftop terrace of approximately 82.5 m² used as a café/restaurant or event space, and facilities including an elevator, reception and lobby, kitchen, laundry, storage, and technical rooms. The hotel is 100% owned by a single individual shareholder. The owner reports no outstanding bank loans or other financial liabilities; the business and property are debt-free.