Attractive Beach Front Hotel
Location Croatia
Asking Price Range $2.5M - $5.0M
Gross Revenues $720000
Net Profit / Cash Flow $290000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Possible.
Reason for Sale Retirement.
Description Attractive hotel with 22 rooms, a restaurant with indoor and outdoor seating, grill, spacious green garden, the objects are on a lot of 2700 sq m
Attractive location in a popular tourist destination in Dalmatia (Sibenik), located first row to the sea, beach in front, majority of rooms have a comfortable balcony with great view over the sea. Currently categorized with 2 stars, possibility of upgrading to ca. 50 rooms and 4 stars (with sauna, fitness, pool, meeting room ... ), draft blue print of a new project exists
Operating whole year round. Airport at 40 minutes distance. Price 3.9 million Euro. Contact for more information on this Beach Front Hotel business for sale.
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