Luxury Hotel for Sale in Istanbul, Turkey
Luxury 5-star hotel with 320 spacious guest rooms in upscale shopping area of Istanbul.
| Established | 5-10 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 16 million |
| Run Rate Sales | USD 16.5 million |
| EBITDA Margin | 40 % |
| Industries | Luxury Hotels |
| Locations | Istanbul |
| Local Time | 3:16 AM Europe / Istanbul |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
103 million
(Native Currency: USD 103,000,000)
Reason: The business owner wants a change of industry. This is an advisor-listed profile and the advisor wil...
View More
Includes physical assets worth
USD
103 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
Located within the business and commercial district of the Asian side of Istanbul, in an upscale shopping area featuring world-famous brands, restaurants with international and local cuisine, pubs and cafes.
320 spacious guest rooms including 47 executive rooms and 23 suites.
Hold large events and conferences for up to 500 guests in the 500m2 ballroom.
Has free Wi-Fi.
Within walking distance of Optimum Outlet Mall and 5 minutes walking distance to the metro station.
Executive Lounge and 24-hour business center.
16 meeting rooms located on a 1,659m2 area.
24h fitness center, indoor pool and 2,000m2 spa.
320 spacious guest rooms including 47 executive rooms and 23 suites.
Hold large events and conferences for up to 500 guests in the 500m2 ballroom.
Has free Wi-Fi.
Within walking distance of Optimum Outlet Mall and 5 minutes walking distance to the metro station.
Executive Lounge and 24-hour business center.
16 meeting rooms located on a 1,659m2 area.
24h fitness center, indoor pool and 2,000m2 spa.
Products & Services Overview
- 5-star luxury hotel with 320 spacious guest rooms including 47 executive rooms and 23 suites.- All-day dining restaurant, offering colourful and delicious Asian and International specialities that mirror the rich culinary heritage of the region.
- Contemporary bar boasts a wide selection of drinks and dishes.
Assets Overview
Sale includes all the tangible and intangible assets. The hotel and the land that it sits on are greatly undervalued at this asking price. The official expertise report shows the value of the hotel was USD 173 million.
Facilities Overview
Own hotel property with a built-up area of 8,000 sqm.
Capitalization Overview
The seller owns 100% of the hotel. More details can be shared after the introduction.
Recent Activity
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer 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.
Contact Business
1 Buyer already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 116,500+ other businesses of all sizes.
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.
You might also be interested in these businesses