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Small Hotel With Big Potential
Location Slovakia
Asking Price Range $2.5M - $5.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Description We are selling a 3* hotel in an excellent condition located directly in the downtown of Bratislava at Dreven street. It is situated only a minute walk from the historical centre of Bratislava, the capital of Slovakia, in a quiet street. Its outstanding location is what makes this hotel a preferable place for tourists wanting to be in the very centre as well as business travelers working in nearby offices.
Built over 5 floors, with the total area of 1329 mý, offering 15 rooms - 11 single and double rooms and 4 apartments including one VIP apartment with fireplace, this modern hotel building is awaiting its new owners. All rooms provide their guests with A/C, wi-fi Internet connection, minibar and all other necessities of a 3* hotel. The hotel for sale incorporates 2 meeting rooms for 30 and 12 people, stylish lobby bar, breakfast room, reception and a small wellness area with Finnish sauna. The car parking is available right in front of the hotel.
There is a possibility to build another 2 floors on the hotel.
And why Bratislava and Slovakia?
Bratislava is a fast growing city with numerous offices of international companies that have moved its domicile to Slovakia thanks to a few reasons. Having euro as the official currency valid as of January 1st, 2009, together with low income taxes, stable political situation and excellent economic indicators including the still fastest growing GDP in EU, to name just some of them, are a guarantee of a great investment. Current asking price is 2.3 mil EUR.
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