Serviced Apartment Investment Opportunity in Varaždin, Croatia
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 |
- 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.
Intangible assets: Apartments and business registration documents.