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Businesses For Sale   >>   Casino Businesses For Sale   

New 5 Star Hotel & Casino

Location  Bulgaria
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $2173000
Net Profit / Cash Flow  $500000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2008
Number of Employees  50 - 99
Inventory  Yes
Relocatable  Not Disclosed
Number of Employees  50 - 99
Real Estate  Owned
Training  Yes
Reason for Sale  Pension

Description  
New five star hotel, casino, sea - 14 900 000 EUR Grand Hotel is a five-star hotel located in the central part of Varna, near the Sea Garden and the Palace of Culture and Sport and one of the most important roads of the city - center - ''Golden Sands'' resort. The unique location allows quick and easy access to the administrative access and the cultural, architectural and historical landmarks. Besides its convenient location, the hotel boasts modern architecture and excellent facilities for conference and banqueting events, as well as for active holiday and relaxation. The hotel complex has a total area of 15 520 sq.m and the hotel area is 16 floors and meets all European requirements for a five-star hotel and includes: basement, ground floor, mezzanine, 11-store hotel, restaurant, banquet hall, a panoramic restaurant / 340 m2 /, sky bar / 331 sq.m., lobby bar, nightclub, spa, casino, underground and outdoor parking with a total capacity of 76 parking spaces. In the basement there are storage and technical rooms, underground parking, place for car wash, Night Club - 440 sq m, luxury Spa center- 660 m2 with a gym, indoor pool with a length of 12 m and depth 1.40 m, sauna, steam bath, massage and cosmetic cabinets, a cabinet for dry flotation, Jacuzzi, water treatment cabinet. The ground floor has administrative and technical offices, a large lounge with spectacular water cascade, reception, lobby bar and outdoor terrace, shop. On the second floor are the mezzanine, seminar hall / 38 m2 / with 30 seats, an office and a business center. At this level are located also a preparatory to the kitchen and pastry shop, built and equipped by the latest standards with all refrigeration and heating equipment. On the ground floor below the office building is the Casino with a total area of 445 square meters, which has seven tables for live game like: American Roulette, Black Jack, Carribean stud poker, Texas Hold'em Poker, as well as 40 slots.


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