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Hotel for Sale in Kavarna, Bulgaria

Non-operational owned Black Sea seaside property with 32 rooms/four apartments available for hospitality/alternative development.

Established 20-30 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.12 million
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels
Locations  Kavarna
Local Time 11:33 PM Europe / Sofia
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 670 thousand (Native Currency: EUR 600,000)
Reason: The promoter does not wish to run the business, as they are located in a different city. This is ... View More
Includes physical assets worth USD 670 thousand
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Property Layout
Business Overview
- Non-operational hospitality property located approximately 150 metres from the Black Sea, offering sea views and proximity to popular tourist and resort areas.
- The property comprises approximately 2,320 sq. m. of land with two separate, adjacent three-storey buildings.
- Buildings have approximate built-up areas of 170 sq. m. and 344 sq. m.
- Property includes 32 guest rooms, 4 apartments, and an on-site restaurant facility.
- The location offers potential for hospitality and tourism-related activities, supported by its proximity to the sea and established resort areas.
- Property may also be suitable for alternative uses such as a wellness centre, resort, or medical centre, subject to the required approvals and suitability of the premises.
- Nearby accommodation rates are approximately EUR 50 per room per night, with rates potentially higher during the summer season.
- The property has been non-operational for approximately 12 years and is being offered for sale.
- The buyer will be required to obtain the necessary operational licences and approvals before commencing business operations.
- The owned land and two-building setup provide an opportunity for a buyer to redevelop, renovate, or reposition the property for hospitality or other suitable commercial use.
Products & Services Overview
- Offering: Owned seaside property with 32 guest rooms, 4 apartments, and restaurant facilities, suitable for hospitality, wellness, resort, or medical centre development.
- Potential clientele: Tourists, holidaymakers, wellness travellers, and guests seeking seaside accommodation or healthcare-related services.
Assets Overview
Tangible assets:
- Land, building, furniture, and fittings.

Intangible assets:
- Strategic location in a high-appreciation area with strong long-term value and growth potential.
Facilities Overview
Owned property:
- Land area of approximately 2,320 sq. m.
- Two separate adjacent 3-storey buildings.
- Built-up areas of approximately 170 sq. m. and 344 sq. m.
- 32 guest rooms and 4 apartments.
- On-site restaurant facility.
- Located just 150 metres from the sea with Black Sea and seaside views.
- Prime location near popular tourist and resort areas, offering strong hospitality and tourism potential.
Capitalization Overview
The business is owned by a single proprietor and has no outstanding loans, borrowings, or debt obligations.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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8 Buyers viewed this Business this week. 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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