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Businesses For Sale   >>   Bulgaria Businesses For Sale

Working Hotel For Sale

Location  Bulgaria
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $100000
Net Profit / Cash Flow  $400000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2007
Number of Employees  35 - 49
Relocatable  Not Disclosed
Number of Employees  35 - 49
Real Estate  Owned

Description  
Apartment complex for sale in ski resort Bansko, Bulgaria on top location in the resort - several minutes walking distance from the ski lift. Categorized 4 stars Works for 4 years already with very good occupancy, excellent image among the touroperators and tourists (references available upon request). The buiding is 81 apartments and for sale is 9 apartment + all common parts: There is 100 seats restaurant, big lobby bar 300 m2, big garden with BBQ, spa center with swimming pool, sauna, steam bath, massage cabinets. Local heating. Underground garage for 19 cars, laundry, storage rooms, kitchen. The complex is excellent equipped and maintained with ALL necessary documents The total area for sale is 3000 m2 + 1800 m2 garden and the price is 1 500 000 euros. The rest of the apartments are sold to different people and the company manages them. Contracts with the other owners are very favorable for the investor. The resort is considered the best in Bulgaria and one of the very good in Europe. It is guest of the world cup finals man and women for the past 3 years in different disciplines. Main markets are Romania, Russia, Greece, Ukraina, Turkey, Macedonia, etc mainly Europe.


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