Investor For New Hotel / Motel
Location Bulgaria
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description We are a small ltd Bulgarian company currently in the restaurant/bar business with two establishments running really well. Third one on the way for the summer 2007. Location Balchik, Bulgaria: small town with 3 huge golf course developments in the area (80m+ euros investments). 6,000 sqm of land with building permission recently acquired on a prime location facing international road Bulgaria-Romania to build the first one of eventual future motel chain. The motel will have 100+ rooms for twin/triple occupancy, sort of Etaphotels or Formula1 Hotels in Europe. Investor/partner wanted with 150-200K euros to be either director or shareholder or any other option considered.
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