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Successful Hotel And Restaurant Complex In Yerevan For Sale

Yerevan, Armenia
Asking Price:
$7,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (USD)
Cash Flow:
$250K - $500K (USD)

This successful and beautiful Hotel and Restaurant Complex is located in the heart of Yerevan (Armenia), on the only road that leads to the tourist centers of Armenia. It includes 4 banquet halls (1 -400 persons, 2 - 250 persons, 3 -140 persons, 4 -90 persons), restaurant and open air banquet halls. Hotel Complex includes 8 rooms and 6 two-storey villas. Every room has its own bathroom. Villas have private pool, sauna, jacuzzi. Our complex is surrounded by wonderful yard with a beautiful waterfall. The total area is 6,000 sq . m. You can also buy only Hotel, 1 banquet Hall and 5 villas (3.000.000$). We have a huge and stable customer base.

More detailed information available upon request, contact seller below for more information.

Property information

Real Estate:

Real Property Included

Location:

Armenia, Yerevan. Tbilisyan Highway 27/7

Size in square feet:
6000 sq.m.

Business Operation

Expansion Potential:

The Complex has a large territory, where can be started any type of business. A new large private swimming pool is building now in the hotel area. Now private swimming pools are very popular in Armenia.

Competition / Market:

Hotel and Restaurant Complex is located in the heart of Yerevan (Armenia), on the only road that leads to the tourist centers of Armenia. It is a very popular place in Armenia with a huge base of clients. The Complex has all competitive branches of business in Armenia.

Reasons for selling:

Ill health.

Trading hours:

24/7

Employees:
25
Years established:
10

Other Information

Support & training:

It will be any type of support for buyers.

Website:
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Administration / receivership:
This business is in administration / receivership

Contact Seller

Contact Information

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