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Serviced Apartment Investment Opportunity in Varaždin, Croatia

Explore a serviced apartment investment opportunity featuring 7 apartment units in Varaždin.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 10 %
Industries Serviced Apartments
Locations  Varaždin
Local Time 6:26 PM Europe / Zagreb
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 410 thousand for 50.0% stake (Native Currency: EUR 350,000)
Reason: Seeking a business partner to raise funds required for a divorce settlement. We believe this valuat... View More
Includes physical assets worth USD 164 thousand
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Business Overview
- The business is a serviced apartment business located in Varaždin, featuring 7 modern and fully equipped units ideal for short-term rentals.
- The primary offering is short-term apartment rentals catering to both leisure and business travellers, ensuring comfort and style during their stay.
- Additional services include personalized guest support, local experience recommendations, and optional extras such as airport transfers and late check-out, enhancing the overall guest experience.
- The target customers are tourists, business visitors, and families seeking quality accommodation in Varaždin, with a focus on those from Croatia and nearby European countries.
- The current occupancy rate is completely full until the end of the month, indicating strong demand for quality short-term stays in the region.
- The business’s revenue model is based on short-term rental income, complemented by optional service fees for additional offerings, ensuring a sustainable income stream.
- Monthly revenue depends on the number of bookings received and the premium pricing of our apartments.
Products & Services Overview
The business specializes in short-term rentals of seven fully equipped apartments with added services like personalized guest support and optional extras, catering mainly to tourists, business travellers, and families from Croatia, nearby European countries, and an increasing number of international visitors.
Assets Overview
Tangible assets: Furniture, fixtures, and interior fittings.
Intangible assets: Apartments and business registration documents.
Facilities Overview
The business operates from seven owner-owned apartment units with a total of 23 beds; the investor will not receive any ownership stake in the properties.
Capitalization Overview
Solely owned by the proprietor, with a few outstanding credits; the remainder of the business is entirely funded by the owner.
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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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