Hotel for Sale in Tbilisi, Georgia
Tbilisi hotel development property seeking investment to complete construction and launch an 18–22 room hotel.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Hotels |
| Locations | Tbilisi |
| Local Time | 3:24 AM Asia / Tbilisi |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
3.6 million
(Native Currency: GEL 9,500,000)
Reason: The owner is looking to focus on other business and investment opportunities and is therefore offeri...
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Includes physical assets worth
USD
3.6 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Public Registry Extract
(256.8 KB)
Business Overview
- Hotel development property located in Old Tbilisi, offering an opportunity to complete and operate a boutique hotel.
- The property comprises approximately 1,150 sq. m. across five floors, with an approved hotel development project for 18–22 rooms.
- The existing building structure is in shell condition, with the exterior fully completed and interior finishing and renovation work remaining.
- Gas, electricity and water connections are already installed, and stairs have been completed across all five floors.
- The top floor features a large terrace, while the planned layout includes restaurant space, terraces and balconies.
- The property includes an approved hotel development project, architectural plans and associated property rights.
- The business has never generated revenue as the property has remained in shell condition and has not commenced hotel operations.
- The opportunity allows an investor to complete the interior works and develop the property according to the approved hotel project.
- The business has a business registration certificate.
- The property comprises approximately 1,150 sq. m. across five floors, with an approved hotel development project for 18–22 rooms.
- The existing building structure is in shell condition, with the exterior fully completed and interior finishing and renovation work remaining.
- Gas, electricity and water connections are already installed, and stairs have been completed across all five floors.
- The top floor features a large terrace, while the planned layout includes restaurant space, terraces and balconies.
- The property includes an approved hotel development project, architectural plans and associated property rights.
- The business has never generated revenue as the property has remained in shell condition and has not commenced hotel operations.
- The opportunity allows an investor to complete the interior works and develop the property according to the approved hotel project.
- The business has a business registration certificate.
Products & Services Overview
Planned boutique hotel accommodation with 18–22 rooms, supported by restaurant space, terraces and balconies, targeting hotel guests visiting Old Tbilisi.
Assets Overview
Tangible assets include the 1,150 sq. m. hotel development property in Old Tbilisi and the existing black-frame building structure.Intangible assets include the approved hotel development project, architectural plans, planned 20-room hotel layout, restaurant space, terraces and balconies, and associated property rights.
Facilities Overview
The company owns a 1,150 sq. m. , five-storey hotel development property with an approved five-year project for 18–22 rooms. The building’s exterior is fully completed, with gas, electricity and water connections installed and stairs completed across all five floors. The top floor features a large terrace. The property is currently in shell condition and requires interior finishing and renovation work to complete the hotel development.
Capitalization Overview
The business has five shareholders and is fully funded by the owners, with no outstanding loans.
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