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Hotel Seeking Loan in Bitola, North Macedonia

Hotel business having 15 rooms and recording a 60% occupancy rate throughout the year.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 73 thousand
Run Rate Sales USD 74 thousand
EBITDA Margin 20 %
Industries Hotels
Locations  Bitola
Local Time 12:44 PM Europe / Skopje
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 220 thousand for 5.0% annual interest, 8 years (Native Currency: MKD 12,000,000)
Reason: To close old mortgage and upgrade the facility with swimming pool and spa.
Collateral Available: USD 55 thousand
Includes physical assets worth USD 910 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Hotel business having 15 rooms, operating since 2016.
- Hotel has a restaurant, a banquet hall for events, business meetings and small parties, a garden and parking space.
- Each room has separate toilets, shower, flat screen TV, WiFi and central heating facility.
- Our restaurant has a fully equipped kitchen with 80 indoor seats and 120 outdoor seats.
- We have enough space for parking which can occupy 20 vehicles.
- Occupancy rate is 60% throughout the year.
- We serve around 450 guests per month.
- Our assets include land, building, kitchen equipment, furniture, website, social media accounts.
- Promoters has more than 10 years of experience in construction business.
Products & Services Overview
Hotel with a restaurant, parking space and a hall.
Facilities Overview
Owned 15 room hotel, two floor building with big yard, parking space.
Capitalization Overview
Not Disclosed
Recent Activity
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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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