I will sell highly profitable hotel business on the first coastline. Payback period is 6 years.
The most luxurious 3-star hotel on the embankment of the Gelendzhik city resort, in the elite microdistrict Magnolia (300 km from the city of Sochi) is for sale.
Favorite vacation spot of Russian actors and artists.
Rooms - 48 rooms.
Private hotel - 3 stars, restaurant (separate building, 248 sq.m.), 2 adjacent land plots - 4000 sq.m. in the property, 2 saunas, a conference room with 40 seats, swimming pools, next to it there is a parking and a playground, 30 meters from the sea.
A basement (300 sq.m.) was built behind the restaurant, it is intended for the construction of another hotel, it will withstand a 9 - storey building.
The facade is overhauled and redecorated every year with partial replacement of furniture.
The rooms have balconies with a magnificent panoramic view of the Gelendzhik Bay and the mountains.
The territory of the hotel is guarded and video surveillance.
Its 55 kilowatt electric generator (in case of a city power supply outage), network gas, central sewerage, central water supply.
The hotel has an established customer base. Works year-round.
Documents are all on hand and ready to deal, there are no encumbrances and debts.
In the resort cities of Gelendzhik and Sochi, at all the hotels on the first coastline, the land plot is leased by the city administration for 49 years. And our hotel land is in the property.
It is possible to build a second hotel nearby up to 9 floors, on a finished basement of 300 sq.m.
Price: 8 million dollars. Payback period is 6 years.
Summer profit: 30 million rubles or 462,000 dollars
Profit per year: 86 million rubles, or 1,325,000 dollars
Video link: https://www.youtube.com/watch?v=gI1oU-nuy-Q
Reason for sale: the construction of another large object.
The sale will take place in 2 stages:
1. Sale of a ready-made company - a limited liability company
2. Sale of real estate (buildings and land).
Sale from the owner of the company.
Sale without bargaining.
PS: The neighboring hotel has its own pier, you can participate in its expansion and in the future become its co-owner or simply buy parking for your yacht.