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Hotel for Sale in Tbilisi, Georgia

Profitable designer boutique hotel in Tbilisi seeking full sale with strong occupancy and cashflow.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 379 thousand
Run Rate Sales USD 378 thousand
EBITDA Margin 30 %
Industries Hotels
Locations  Tbilisi
Local Time 11:26 PM Asia / Tbilisi
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.7 million (Native Currency: USD 1,700,000)
Reason: The owner is divesting the business to focus on a new venture. Additionally, no upfront fees or succ... View More
Includes physical assets worth USD 1.7 million
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Business Overview
- Fully operational boutique hotel located in Tbilisi’s prestigious Vera district, one of the city’s most sought-after destinations for business and leisure travellers.
- Features 22 individually designed en-suite guest rooms with bespoke interiors, original Georgian murals, and panoramic city views that differentiate the property from standard hospitality offerings.
- Serves international tourists, expatriates, and business travellers through major online booking platforms, supported by strong guest satisfaction and repeat demand.
- The business is supported by an average occupancy rate of 78% and peak occupancy reaching 95%.
- Maintains a strong online reputation with a Booking. com rating of 8.2/10 based on approximately 730 guest reviews.
- Designed and developed by the architect-owner, resulting in a distinctive hospitality asset with strong character, craftsmanship, and market positioning.
- Operates with an established management team and proven operating structure, enabling a seamless transition to new ownership.
- The property includes 22 fully furnished and equipped rooms, reception and breakfast areas, passenger lift, HVAC infrastructure, fire safety systems, panoramic terraces, and all operating furniture, fixtures, and equipment.
- Benefits from consistent organic bookings, established digital visibility, and the continued growth of Tbilisi’s tourism and hospitality market.
Products & Services Overview
Premium boutique accommodation with 22 designer en-suite rooms catering to international tourists, expatriates, corporate travellers, and leisure guests visiting Tbilisi.
Assets Overview
Physical assets include the boutique hotel building in Vera district, 22 fully furnished and equipped en‑suite rooms, reception and breakfast areas, passenger lift, HVAC systems, fire safety installations, interior fixtures and fittings, and outdoor panoramic terraces. All operating furniture, fixtures and equipment used to run the hotel are included in the sale, along with any associated intangible value from branding, online listings and guest reviews, subject to final agreement.
Intangible assets include business registration certificate.
Facilities Overview
The hotel operates from a fully owned multi-storey property in Tbilisi’s Vera district and features 22 individually designed en-suite guest rooms, many offering freestanding bathtubs, floor-to-ceiling panoramic windows, and private city-view terraces. The facility also includes a passenger lift, full HVAC infrastructure, modern fire safety systems, dedicated reception and breakfast areas, and premium designer interiors throughout.
Capitalization Overview
The business operates from a fully owned multi-storey boutique hotel property in Tbilisi’s prestigious Vera district, featuring 22 uniquely designed en-suite guest rooms, many with panoramic city views, floor-to-ceiling windows, private terraces, and freestanding bathtubs. The property is equipped with a passenger lift, centralized HVAC systems, modern fire safety infrastructure, dedicated reception and breakfast areas, and high-end designer finishes throughout.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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1 Buyer viewed this Business this week. 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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