- Advert ID: 410222
- (Seller ref: www.orientbalt.lv)
Hotel in Latvia Riga For Sale
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Summary
- Asking price:
- $1,800,000
- Sales revenue:
- $1,200,000
- Net profit:
- $400,000
- Years established:
- 7
- Employees:
- 27
Business description
Comfortable hotel in the city centre (Riga). 36 rooms, 3 stars. Guarded parking lot. Sauna. Conference hall.
Real estate - buildings and land. Newly renovated, high quality hotel. Value of real estate & Business- 1 300 000 EUR.
Property information
- Real Estate:
- Real Property Included
- Location:
- Latvia, Riga, centre
Other information
- Expansion potential:
- Great development potential. Number of Tourists in the region are increasing rapidly.
- Competition / Market:
- Limited supply of Hotel services. Main competitors - other hotels in the centre of the City.
- Support & training:
- Current owner will assist the new owner in the initial period.
- Reasons for selling:
- Owner's interests in other business projects
- Trading hours:
- 24/7
- Financing available:
- Real estate mortgage
Contact the seller
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