Hotel for Sale in Rădăuți, Romania
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 |
- 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.
- 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.
- 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.
The land holds a long term lease agreement.
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Earlier than 15 daysCEO, Investment Firm, London, Corporate Investor / Buyer connected with the Business