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Hotel for Sale in Tivat, Montenegro

For Sale: Hotel in Montenegro which receives 6-7 bookings in a day.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 - 70 thousand
Run Rate Sales USD 64 thousand
EBITDA Margin 0 - 10 %
Industries Hotels
Locations  Tivat
Local Time 6:11 PM Europe / Kiev
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.4 million (Native Currency: EUR 1,300,000)
Reason: The owner is involved in other ventures and is not able to manage the business, hence selling it.
Includes physical assets worth USD 1.4 million
Interested to connect with advisors
Documents
P&L Data
Business Overview

- Business is an operational mini-hotel based in Montenegro.

- Hotel based on a prime location.

- The hotel is a floor building with 12 rooms.

- Apart from rooms it has other facilities such as a cafe (which is on the ground floor), a car parking area and a private beach.

- Bookings are done both offline and online.

- Business is partnered with Booking. com for our online bookings.

- The hotel receives 6-7 booking requests in a day.

- The airport is 5 minutes away from the hotel.

- The contact person is an advisor based in Ukraine and will be handling the transaction.

Products & Services Overview

Business involved in the hospitality industry provides hotel services.

Assets Overview

The physical assets that the business owns are the property cafe, all furniture and appliances and other decorative items.

Facilities Overview

The hotel is located on a 340 m2 land plot, in the city center on the first line from the sea and the total area of the property is 500 m2. The hotel is a four storeys building. It has its own parking space for six cars. On the ground floor, there's a restaurant with a terrace and an exit to the seafront towards Porto Montenegro, business premises, and a room with a garden view. The first floor and the second-floor consist of 4 rooms and the third floor consist of 3 rooms. Each room has a shower room, toilet, A/C unit, internet, video control, satellite TV. All facilities are within walking distance.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    President, Lyon, Financial Consultant connected with the Business
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.
This transaction has concluded. View similar business opportunities on SMERGERS
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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