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Hotel for Sale in Šibenik, Croatia

For Sale: Boutique hotel with 16 charming units near Šibenik and the Krka national park.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 5 - 10
Legal Entity Other
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 250 thousand
EBITDA Margin 20 - 30 %
Industries Hotels
Locations  Šibenik
Local Time 5:07 PM Europe / Zagreb
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.7 million (Native Currency: EUR 2,600,000)
Reason: The owner has retired.
Includes physical assets worth USD 2.7 million
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Business Overview
- The hotel was built from scratch by the seller.
- With a lot of returning guests, tradition, and excellent reviews we've managed to have grown each year until the pandemic.
- We have loyal and stable cooperation with excellent partners around Europe as the base of our clients.
- Website is active for 20 years. Hence, receive a lot of direct bookings. We use sophisticated software for the whole booking system.
- The restaurant in the hotel is closed since the owner went into retirement.
- Last year we returned to previous revenue numbers.
- The business will have more income when the hotel is open for the whole year around and with the restaurant operating. Last year we operated for 6 months only.
- This is not a typical tourist spot, but rather a unique experience of the Dalmatian hinterland where a family atmosphere, many authentic contents, and a glorious feeling of becoming one with nature prevail.
Products & Services Overview
- Rooms.
- Apartments.
- Restaurant.
- Professional kitchen.
- Laundry service.
- Reception.
- Gardens.
- Sauna.
- Gym.
- Playground.
- Pool.
- Gazebo.
-Outdoor/indoor sitting area.
Assets Overview
The whole property mentioned in description and equipment, including furniture.
Facilities Overview
- The property is on 0.3 hectares. It is located in the south of the city.
- On the property, there are 4 main buildings surrounded by greenery with rooms and apartments, a pool, playground, gazebo, fitness room and Mediterranean garden, an organic vegetable garden, and also a restaurant area where breakfast is served but can be used as a regular restaurant, fully equipped professional kitchen with a room with BBQ facilities and wooden bread oven.
- One of the buildings has a basement of 90m2 area.
- Laundry room and reception, also additional rooms for storage.
- Most of the buildings have two floors.
- There are in total 9 apartments for rent 4* (40-60m2 area) plus one apartment for staff,
6 rooms 4* (20-40m2 area), all of them are air-conditioned, and one part of the building is connected to central heating.
- On 3 buildings we have solar panels for hot water.
Capitalization Overview
- This is a sole partnership without any debts or loans. All investments have been paid and business is stable.
- There is only one property owner, and business profits are shared by 3 individuals.
Recent Activity
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3 Buyers already contacted this Business. 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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