Business for Sale Overview:
23 Room Three Star Hotel For Sale For 680,000 Euro ($1,005,040) This is a very desirable resort location built in 2006, on a 652 square meter lot with direct access to the main street. The hotel is four stories tall with room to expand: The foundation was designed & built to support two more levels, a terrace on a flat roof top, roof top bar or Jacuzzi & exterior elevator, all good potential additions. This hotel is fast becoming a small luxury, intimate hotel with every attention given to the comfort of their guests; Full occupancy with many happy repeat guests. The hotel has 23 rooms & a one bedroom apartment (sleeps 50 plus), an underground garage, parking, bar, terrace & garden. All rooms are spacious, bright with high ceilings. The building covers 1,225 square meters. The main level hosts the reception & semicircular stairway, the bar & sitting area & a hallway to access first floor rooms, the one bedroom apartment & two restrooms. The underground garage has access from both inside & outside of the hotel & together with the parking in front & rear of the hotel accommodates 26 plus cars. Each level has a spacious hallway & sitting area, an apartment, three double rooms, two deluxe rooms & a maid’s room. The decor & furnishing are attractive & tasteful with calming & tranquil shades of a blue color scheme. There are beige ceramic tiled floors on the main level, hallway, stairways, terraces & balconies, royal blue wall to wall carpeting in all rooms & upstairs hallways & blue Saltillo tiles in all bathrooms. All bathrooms have white pedestal sinks & toilets, glass enclosed showers with white base, mirror, fans & chrome light fixtures. The hotel is fully furnished with modern furniture mostly in maple & well co-ordinated light fixtures & accessories. The two standard rooms on the main floor feature a double bed & are comfortably furnished. The double rooms, three on each floor, six with king size bed & three with two single beds are also tastefully furnished & have a balcony with sea view. The six deluxe rooms, two on each floor feature king size bed, are also beautifully furnished with a captivating sea views. The lounge bar is fully equipped & serves cocktails, snacks, ice cream, coffee & more. The bar stays open all day & late into the night. There is a sitting area set up with coffee tables, ottomans & sofas as well as outdoor sitting on the wraparound terrace. Other details of the hotel include stucco exterior, cinder blocks, cement, steel, solid construction, radiators in all rooms on the main floor & some first floor. Water heater/ gas/electric room in the basement. Exterior lights, spot lights, flag pole & established landscaping. The hotel is well maintained & in running order, operating at full capacity, with all paperwork & requirements up to date. The staff consist of 3 maids, 3 receptionists, 2 bartenders, manager, driver (errands running, maintenance.). Room rates vary according to the season, which peaks from June 15th to August 31st. The summer season lasts from May 1st to September 30th, but the hotel stays open all year. The vicinity of Rompetrol Petro Midia Navodari & other construction projects in the area offer great business opportunity off season as many guests work in the area or come on business trips all year round. That, together with lengthy various holidays keep the rooms occupied year round.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Exceptional location on the Black Sea shore near Constanta & just north of Mamaia. This is Romania’s topmost seaside resort thanks to its relaxing natural beaches, quiet surroundings, private vacation villas & family owned small hotels & restaurants, no more than minutes away from many points of interest. Only 300 meters in front of the hotel the native vegetation borders wide secluded beaches lined with fine sand. This hotel provides the perfect place for relaxing while being enveloped by the warm sunlight, listening to the waves & the seagulls, breathing in the salty & invigorating marine air; a small paradise for any sea lover looking to spend some time away from the busy everyday life.
Market Competition and Expansion:
No concerns regarding competition. Excellent potential for expansion, building structure can support two additional levels.
Reason for Selling:
Other business interests.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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