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Hotel for Sale in Rădăuți, Romania

3 star Romanian hospitality business featuring accommodation, restaurant, and exceptional catering services for sale.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 920 thousand
Run Rate Sales USD 920 thousand
EBITDA Margin 20 %
Industries Hotels
Locations  Rădăuți
Local Time 5:52 AM Europe / Bucharest
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.28 million (Native Currency: EUR 2,150,000)
Reason: The owner has decided to sell as he needs to focus on his other business. The listing is being mana... View More
Includes physical assets worth USD 320 thousand
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Business Name
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Business Overview
- Romanian 3 star hotel business encompasses an accommodation unit and a terrace restaurant, situated in an exceptional location.
- Business has a track record of excellence in the Horeca industry.
- The hotel also comes with a restaurant, with a capacity of 180 seats which offers a diverse range of culinary delights, from traditional Romanian cuisine to various menus (fast food, pasta, fish).
- In addition to hospitality services, the business also provides home delivery services for meals through Glovo and Coresi networks, as well as catering for private events, thus bringing delicious dishes directly to its customers or their special occasions.
- Originally constructed 30 years ago, this property was expanded in 17 years ago to meet the current demands of the business.
- The business holds valid health and safety certifications fro the local government body.
Products & Services Overview
- The accommodation unit features 5 double rooms, 5 twin rooms, 3 apartments, and an attic with 3 rooms and 2 bathrooms, providing a total of 40 accommodation places.
- The restaurant provides authentic Romania cuisines with both vegetarian and non-vegetarian options.
- The business stands out for organizing corporate events, weddings, baptisms, ranking first in this regard, with renowned shows and artists.
- The services provided are aimed at a clientele ranging from medium to top-tier.
Assets Overview
Physical assets included in the transaction are:
- Solid and modern building with a total area of 953 square meters, including 649 square meters of owned land and 304 square meters of leased land.
- Solid wood furniture and new equipment that add an element of elegance and quality to the accommodation ambiance, ensuring the comfort and refinement of guests.
- State-of-the-art equipment in the restaurant designed to provide the highest quality of service and cuisine.
- Photovoltaic panels with a capacity of 80 kW and ceiling-mounted air conditioning that not only bring cost savings but also demonstrate a commitment to the environment and a superior level of comfort for guests.
Intangible assets include:
- Strong brand and reputation: A well-known and esteemed brand recognized for its reliability and quality, the business has earned a solid reputation in the hospitality sector, built on its longevity and the quality of both its services and products.
- The committed and loyal team brings added value and stability to the business, exceeding the usual performance standards.
Facilities Overview
The hotel located in Suceava County and is built on a 953 square meter leased land.
The land holds a long term lease agreement.
Capitalization Overview
This information will be disclosed after signing an NDA. After which, during the due diligence period, these aspects will be clarified in detail.
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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