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    Hotels Seeking Loan in Bucharest

    Showing 1 - 1 of 1 Hotels Seeking Loan in Bucharest. Lend to a Hotel, Motel, Lodge, 3 Star Hotel, 4 Star Hotel or a 5 Star Hotel.

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    Hotel Seeking Loan in Bucharest, Romania

    Company is renovating a hotel based in Bucharest that will have 70+ rooms.
    - A company in the hotel industry, based in Bucharest, Romania. - The new hotel that we are renovating is still in the pre-revenue phase. - Our parent company has 2 existing hotels in Romania. Each hotel is held under a different subsidiary company. - This company has been created specifically for this new hotel. - Hotel property is an 18th century historical building that has been acquired. It is now company owned. - Building has basement, ground, 2 floors and an attic. - Hotel has more than 70 rooms. - Total area of property is 1,900 Sq. Meters and is located in a popular area of the city. - We expect renovation to be completed and the hotel to be operational in 18-24 months years post receiving funds. - Property will have a swimming pool, restaurant and spa post renovation. - Physical assets include the property.
    Company is renovating a hotel based in Bucharest that will have 70+ rooms.
    8.7   Bucharest
    Run Rate Sales
    Nil
    EBITDA Margin
    Nil
    Business Loan
    USD 2.6 Mn at 10%
    Contact Business

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