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Guest House Seeking Loan in Bassano del Grappa, Italy

Guesthouse with ecovillage concept plans to develop network of hotels with restaurant, coworking, social spaces.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 110 thousand
Run Rate Sales USD 64 thousand
EBITDA Margin 22 %
Industries Guest Houses
Locations  Bassano del Grappa
Local Time 1:12 AM Europe / Rome
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 750 thousand for 10.0% annual interest, 5 years (Native Currency: EUR 700,000)
Reason: In Italy, the rates for bank loans are very low but it is difficult to access credit with start-up c... View More
Collateral Available: USD 0
Includes physical assets worth USD 530 thousand
Documents
Business Overview

Our company has purchased and renovated a small guesthouse two years ago to accommodate vegetarian guests and yoga tourists. Given the success of the first year of activity, we decided to expand our stay concept by building a resort village with 10 wooden villas. We have already purchased the land to construct villas. Current guesthouse has a 75% occupancy rate throughout the year. Guesthouse has 2 rooms, a kitchen, a drawing-room, a bathroom, a back yard for entertainment and activities. We generate leads via our own website and 3rd party booking platforms. Sales have dropped due to the ongoing pandemic and lockdown.

Products & Services Overview

We offer our customers relaxing stays and offer vegetarian meals, yoga classes, sports equipment rental.

Assets Overview

A land and a guesthouse.

Another 3,000 sq m land for the new project.

Beds, tables, drawers, lightings, TVs.

Facilities Overview

Have an own guesthouse of 200 sq m. We recently purchased land of 3,000 sq m with the option of purchasing another 6,000 sq m, on which we will build 10 eco villas.

Capitalization Overview
Not Disclosed
Recent Activity
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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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