Hotel for Sale in Stepantsminda, Georgia
Invest in a 30-room hotel with stunning views and high-season average occupancy rate of 50%
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 200 thousand |
| Run Rate Sales | USD 200 thousand |
| EBITDA Margin | 10 % |
| Industries | Hotels |
| Locations | Stepantsminda |
| Local Time | 5:18 AM Asia / Tbilisi |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
2.4 million
(Native Currency: GEL 6,900,000)
Reason: Investing money in other areas and paying off bank liabilities. Valuation is based on the assets and...
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Includes physical assets worth
USD
2.2 million
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Business Overview
- The hotel is located in Stepantsminda, a popular tourist destination in the mountainous Caucasus region.
- The property includes 30 rooms, two of which are deluxe rooms, each with a balcony offering stunning views of the nearby glacier and Mount Kazbegi.
- The hotel is relatively new, featuring modern amenities such as an elevator and facilities designed to accommodate disabled guests.
- The property is equipped with a fire system, and due to current construction regulations, it would be challenging to replicate a similar hotel in the area.
- The high season for the hotel runs from May to October, with an average occupancy rate of 50% during the season and around 30% off-season.
- The hotel boasts a fully equipped restaurant, although it is not yet fully operational due to financial constraints.
- The hotel primarily caters to tourists, attracting visitors from countries including Russia, Ukraine, Germany, and China.
- We have all the required licenses to function.
- The property includes 30 rooms, two of which are deluxe rooms, each with a balcony offering stunning views of the nearby glacier and Mount Kazbegi.
- The hotel is relatively new, featuring modern amenities such as an elevator and facilities designed to accommodate disabled guests.
- The property is equipped with a fire system, and due to current construction regulations, it would be challenging to replicate a similar hotel in the area.
- The high season for the hotel runs from May to October, with an average occupancy rate of 50% during the season and around 30% off-season.
- The hotel boasts a fully equipped restaurant, although it is not yet fully operational due to financial constraints.
- The hotel primarily caters to tourists, attracting visitors from countries including Russia, Ukraine, Germany, and China.
- We have all the required licenses to function.
Products & Services Overview
Hotel with 30 rooms, with restaurant. Located in the mountain of Caucus. The high season starts in May and lasts during October. Great possibility for investors.
Assets Overview
Tangible assets include -: Land, building, furniture, and restaurant equipment.
Facilities Overview
Own property land of - 1,500 sq m, restaurant that can accommodate about 120 people and an open terrace that can hold about 40 people.
Capitalization Overview
Business is self-founded.Have a bank loan, which will be cleared during the sale.
There is only one owner in the business.
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