Hotel for Sale in Shkodër, Albania

Uniquely built restaurant in Albania seeks funding to convert it into a full fledged hotel.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 150 thousand
Run Rate Sales USD 150 thousand
EBITDA Margin 25 %
Industries Hotels
Locations  Shkodër
Local Time 11:35 AM Europe / Tirane
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 6 million (Native Currency: EUR 5,000,000)
Reason: Owner is looking to focus on other ventures.
Includes physical assets worth USD 3.6 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- It's a real stone castle themed restaurant developed on own land which took us 8 years to complete the construction work.

- We own a total of 5,000 Sq Ft of land out of which the restaurant stands on 2,000 Sq Ft area.

- Investment raised will be utilized to build hotel rooms and pool area on the remaining 3,000 Sq Ft land.

- Visitors from all over the world come to dine here because of its visually compelling architecture.

- The promoter has 10 years of experience in restaurant business.

Products & Services Overview

- Traditional and international cuisine.

- Specializing in sea food and mediterranean cuisine.

Facilities Overview

5,000 Sq. Ft. total area, 4 floors and balconies. The restaurant occupies 2,000 Sq. Ft.

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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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