Thriving Luxury Boutique Hotel in Turkey For Sale

Business description

Thriving Luxury Boutique Hotel in an Idyllic Location Turkey's Turquoise Coast. British built, owned and run. An ideal opprtunity for a lifetyle business in beutiful surroundings. 13 large luxury suites, restaurant, swimming pool & bar. Built to a very high standard and meticulously maintained. Top quality guests.

Property information

Real Estate:

Real Property Included

Living accommodation:

Staff accommodation is included. The current owners have a house nearby but generally occupy one of the hotel rooms.

Location:

The hotel is just 350m from a 2km beach in a bay surrounded by the pine clad mountains of the Toros range. Adrasan is a quiet and peaceful resort far from the madness of mass tourism, but there are strong indications that the bay will soon be opened up for the development of a prime chic boutique destination

Other information

Expansion potential:

It is expectd that Adrasan will, in the medium term future, be opened up for development as a chic boutique resort. This would make it a prime, high quality destination on Turkey's Turquoise Coast. It is expected that this would lead to higher property prices, visitor numbers and an increase in room rates. Land adjacent to the hotel is available for sale and development.

Competition / Market:

The Ottoman Palace is the only boutique hotel in Adrasan. It is the only hotel designed to be open all year round. The business has grown well over the last five years and has a loyal repeat customer base accounting for approx 40% of custom. Adrasan is however not well known and there is a constant challemge to find new customers.

Support & training:

The current owners want to sell in order to concentrate on a new travel agency business whicwould continue to promote the hotel. they will remain in Adrasan for the foreseeable future and would be willing to advise and help any proective buyers get up to speed with business, work permits and so on.

Reasons for selling:

To concentrate on new travel agency business and to become semi retired.

Trading hours:

Year Round

Furniture / Fixtures value:

$150,000

Inventory / Stock value:

$15,000

Website:

www.jonnyturk.com/Welcome.htm

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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