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Serviced Apartment for Sale in Belgrade, Serbia

3-room hostel with a 98% occupancy rate for sale in Belgrade.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 121 thousand
Run Rate Sales USD 162 thousand
EBITDA Margin 40 %
Industries Serviced Apartments
Locations  Belgrade
Local Time 5:11 AM Europe / Belgrade
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 123 thousand (Native Currency: EUR 105,000)
Reason: The business owner wants to focus on another venture.
Includes physical assets worth USD 700
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Business Name
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Business Overview
- Our business was established in 2014 and is located in Belgrade.
- We are located at a prime location that has an immense flow of tourists every day.
- Our hostel provides accommodation for people from all around the world with an occupancy rate of 98%.
- We get reservations from Booking. com and Hostelworld.
- Also because of the location of the hostel we have a lot of walk-ins to our place.
- 85% of our booking is through the online portal and the rest through the walk-ins.
- On a monthly basis we receive 250+ bookings.
- The business has one owner and outstanding liabilities.
Products & Services Overview
We are a hostel and our additional services include free Wi-Fi, free coffee and tea, towels for rent, laundry EUR 10 (EUR 5 for washing, EUR 5 for drying), and a kitchen for self-cooking. We also have tie-ups with nearby restaurants for breakfast.
Assets Overview
Since this is a rented facility, most of the physical assets are rented.
Company-owned physical assets include beds and hostel furniture.
Facilities Overview
We have a facility on a rental basis with an area of 107 square meters that has 3 rooms with beds, a dining area, kitchen, reception, living area, two bathrooms (3 showers 3 toilets), and a balcony. The monthly rent is EUR 1,100.
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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