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Hotel for Sale in Plovdiv, Bulgaria

Boutique hotel in Plovdiv with stylish interiors, high occupancy rates, and potential for expansion.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 117 thousand
Run Rate Sales USD 120 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Plovdiv
Local Time 11:14 PM Europe / Sofia
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 690 thousand (Native Currency: BGN 1,200,000)
Reason: One co-owner is retiring. The other co-owner is focusing on other business ventures and is unable t... View More
Includes physical assets worth USD 690 thousand
Interested to connect with advisors
Documents
Business Overview
Number of Clients:
Consistently high occupancy throughout the year.
50% of our guests are recurring business clients.
Revenue Model:
Room charges vary from 89 BGN for double rooms to 139 BGN for apartments, with the potential to double or triple during peak dates.
Additional revenue from the lobby bar and potential future expansion.
Business Relationships:
Strong relationships with nearby hospitals and local businesses, attracting a steady stream of business travelers.
High ratings on Booking (9.2), Google (4.7), and other social platforms, reflecting strong guest satisfaction and loyalty.
Awards and Recognition:
High ratings and positive reviews on major booking platforms and social media - Booking (9.2), Google (4.7).
Consistently praised for stylish interiors, extremely clean rooms, comfortable accommodations, and excellent service.
Expansion Potential:
Residential permit for an additional floor with 4 more rooms, increasing capacity by 8-10 guests.
Large property with space to build another hotel of the same size, offering significant growth opportunities.
Facilities and Amenities:
Large free parking lot, lobby bar, gas heating, water softening system, air conditioning systems (Mitsubishi), and private balconies for all rooms.
Personal website for online bookings and support, enhancing convenience and accessibility for guests.
Products & Services Overview
Double Rooms:
Description: 6 stylish and artistic double rooms with comfortable furniture, wide beds, private balconies, and Mitsubishi air conditioning systems.
Users: Primarily business clients and also leisure travelers on the weekends.
Apartments:
Description: 2 spacious apartments with wide, royal bedrooms, private balconies, and stylish interiors.
Users: Business clients, families, and long-term guests.
Usage: Preferred for longer stays and by families seeking more space and comfort.
Room Charges:
Description: Charges vary from 89 BGN for double rooms to 139 BGN for apartments. Prices can double or triple on certain dates.
Usage: Provides flexibility in pricing, ensuring competitive rates and higher revenue during peak periods.
Capacity and Expansion:
Description: The current total capacity is 25 guests. There is a project with a residential permit for an additional floor with 4 more rooms, adding space for 8-10 more guests.
Facilities:
Description: Large parking lot, lobby bar, gas heating system, water softening system, free 24-hour parking, and a website for bookings and support.
Users: All guests, particularly those with vehicles and business travelers.
Usage: Enhances guest convenience and satisfaction, contributing to high ratings on Booking (9.2), Google (4.7), and other social platforms.
Location and Clientele:
Description: Close to 4 hospitals, the rowing channel, and a main road in Plovdiv. 50% of guests are recurring business clients.
Users: Mainly business clients, with some leisure travelers on the weekend.
Usage: Attracts a steady stream of business travelers due to strategic location, ensuring consistent occupancy and revenue.
Property and Potential:
Description: The property is large enough to build another hotel of the same size.
Usage: Significant potential for further development and increased profitability.
Assets Overview
Tangible Assets:
Property:
Hotel building with a built-up area of 550 sq. meters on a 1-decare (1000 sq. meters) plot.
Large private parking lot (400 sq. meters).
Rooms and Facilities:
6 double rooms and 2 apartments, all with private balconies.
Stylish and artistic interiors with comfortable furniture and wide beds.
Air conditioning systems (Mitsubishi) in all rooms.
Lobby bar.
Outdoor sitting area with furniture.
Gas heating system.
Water softening system.
Future Expansion:
Residential permit for an additional floor with 4 more rooms.
Intangible Assets:
High Ratings:
Booking rating of 9.2 and Google rating of 4.7.
Strong positive reviews on social media and other platforms.
Customer Base:
Established clientele with 50% recurring business clients.
Strong relationships with nearby hospitals and local businesses.
Brand and Reputation:
Well-known for stylish interiors, spotless rooms, comfortable accommodations, and excellent service.
Online Presence:
Personal website for bookings and customer support.
Business Permits and Licenses:
All necessary permits and licenses for operations,
Operational Systems:
Autonomous emergency water supply system and water probe.
Facilities Overview
Built-Up Area:
Total built-up area of 550 sq. meters.
Number of Floors:
Currently consists of 3 floors (8 rooms in total) with a residential permit for constructing an additional floor with 4 more rooms.
Property Details:
The property is included in the business offering, covering an area of 1 decare (1,000 sq. meters).
The hotel has a large free private parking lot (400 sq. meters) available 24 hours a day.
Facilities:
6 double rooms and 2 apartments, all with private balconies, stylish and artistic interiors, comfortable furniture, and Mitsubishi air conditioning systems.
A lobby bar and outdoor sitting area with furniture.
Gas heating system and water softening system in place and also a reserve water container that will be able to sustain water supply for 1 whole day.
Expansion Potential:
Space for constructing another hotel of the same size on the property, offering significant growth opportunities.
Capitalization Overview
Funding:
The business is currently funded through its revenue and net profits.
Debts/Loans:
There are no outstanding debts or loans.
Shareholders/Owners:
The business has a total of 2 shareholders.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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