Business Catalogue

Profitable hotel in the middle of nature
Profitable  hotel  in  the  middle  of  nature 

Selling price: 900,000 EUR
Real Estate Value: 600,000 EUR
City: Brașov
Annual turnover: 287,296 EUR
Operating profit (EBITDA): 79,278 EUR
Country: Romania
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A profitable business that has managed in time to hold a very large portfolio of loyal customers.
The project was started in 2008, with the acquisition of the land on which the hotel is located.
During the period 2008-2011 they managed to incorporate the land, located in a National Park and get all the approvals, the building permit and non-refundable financing from European funds. The project monitoring period ended.
During the period 2011-2014, they built the property and obtained all necessary permits for the hotel's activity. After four years of operation, they had over 20,000 guests at the hotel, of which about 12,000 return with great pleasure. Also, many companies that have had a corporate event here have come back on other occasions, which mean they appreciated the rooms, facilities, food, hospitality the location with top quality materials.
The location was chosen because the fresh air, wildlife and you can admire the yellow mountain peonies and it is also the perfect environment for disconnecting from the daily stressful life of the big cities.

Detailed information

Business established on 2014-06-02
Turnover from previous years 239,017 EUR
Approximate inventory 500,000 EUR
Inventory included in price No
Number of Employees 8
Brand Value 10,000 EUR
Reason for sale Other business interests
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