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Resort for Sale in Gudauri, Georgia

4-star ski resort with 34 rooms is for sale, located in Gudauri, popular skiing destination.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales Nil
Run Rate Sales USD 480 thousand
EBITDA Margin 40 %
Industries Resorts
Locations  Gudauri
Local Time 6:39 PM Asia / Almaty
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 4 million (Native Currency: USD 4,000,000)
Reason: The owner intends to reinvest the revenue from the sale into new commercial and residential real est... View More
Includes physical assets worth USD 2.5 million
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Business Overview

- Resort located in Gudauri, one of the largest and the most popular ski destinations in Georgia.

- The hotel has 34 rooms, a restaurant, a bar, a wine cellar, and a spa.

- 34 hotel rooms include single, double, twin, and a penthouse room options.

- Restaurant and wine cellar are available to outside visitors as well and the resort is available for event rentals like weddings, banquets, and corporate meetings.

- Occupancy rate for the winter is nearly 100%, for spring it is 60 to 70% and in the summer it is 50%.

- Resort has per night charges of about USD 75 and is well-equipped.

- Majority of the revenue is generated from room bookings.

- The business has 3 owners with an equal ownership stake and has no loan or outstanding liabilities.

- This is listed by an advisor who is currently temporarily based in Russia due to some work but the resort is located in Georgia.

- Resort has not reported any revenue last year as the construction was completed last year itself and began its operations beginning of this year.

- The business was earlier registered as an LLC but has changed into JSC.

Products & Services Overview

The resort has the following general services:

- 24 hour reception help in 3 languages, room meal service, room amenities, minibar, tobacco-free rooms, free Wi-Fi and satellite TV, washing and drying machines, central ventilation, free ski lift shuttle, summer pool, restaurant and wine cellar.

Self-service continental breakfast included with rooms booked, wine tasting sessions, spa, full-service finish sauna, 2 pools including an indoor and outdoor, 2 jacuzzis both indoor and outdoor, 2 massage beds, and other spa services.

Assets Overview

The entire property including the land and building, and all the assets associated with the hotel operations. The property can be purchased with cryptocurrency.

Facilities Overview

The property area is 900 sq. meters. The building has an area of 2800 sq. meter. It has 7 floors, and a total of 34 rooms including 12 double suites, 21 twin suites, and a penthouse. It has a restaurant that covers 370 sq. meters and has 120 seats with a terrace covering 100 sq. meters.

A fully stocked wine cellar with a bar covering an area of 40 sq. meters. The resort has a spa with an area of 170 sq. meters with an outdoor pool of 15 by 5 meters and 2 jacuzzis both indoor and outdoor which are under construction and will be completed in 2 months. The land and building are owned by the business.

Recent Activity
  • 5 days, 10 hours ago
    Principal Consultant, Pune, M&A Advisor connected with the Business
  • Earlier than 15 days
    Partner, Singapore, Business Broker connected with the Business
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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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