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Starter Tourism Business At Romanian Danube Delta

Location  Romania
Asking Price Range  < $250K
Gross Revenues  $120000
Net Profit / Cash Flow  $190000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  1 - 3
Inventory  80000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Included, up to one year.
Reason for Sale  I moved center of life to other region.
Description  Urgent, I have to let: small starting firm (Ltd) in tourism at the entrance of the Danube Delta, within the first ring of the city Tulcea, Romania (population 93 000.) It incl a terrain (230 sq. meters, eventually 200 sq. meters in plus) in property WITH VALID construction permit for a mini hotel (10 doubles with private bathroom/balcony, restaurant, bar and roof terrace) Total construction leads up to 640 M2, but it is not compulsory to build the (whole) project. The cost to build are starting with 250 USD/M2. Google Maps coord. 45.168534,28.799784 . Firm has 18 subdivision subscribed at the Chamber of Trade, like lodging, restaurant, catering, camping, touristic trips, etc, and education and consultancy. Romania is eligible for European structural funds, obtaining this firm gives direct access to an unlimited status in Romania, partial in EU. Taking over the firm takes less than one week. Starting a firm yourself is way more complex (18 months). All papers are okay. The prices in the region grow with some 0.75 per week at the moment. Touristic season runs from the end of April to the end of October. For more details on the Danube delta, and Tulcea as the gate to it I refer to Wikipedia. Price: starting with 55 000 euros, to the highest bid, negotiable conditions, incl terrain and construction permit in property, incl logistics and administrative support in period after the take over. I am a Dutch young man, just married with a Romanian lady and we had to move over to another city, Constanta. I know the Romanian ways and language very well. In case, me as administrating the project or in one or another way being involved as partner is discussable. Please, don't ask for a detailed business plan (will be handed over face to face), or invitation to obtain a Visa for Romania. Entering Romania is simple for tourists. In case, I provide a reservation for lodging. Email or call 0040 720 747 749
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