Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Luxury Hotel On Promenade Of The Resort Of Gelendzhik For Sale

Gelendzhik, Krasnodar
Asking Price:
$8,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,600,000 (USD)
Cash Flow:
$1,325,000 (USD)

I sell a highly profitable hotel business on the first coastline of the Black Sea coast of Russia, with a payback of 6 years.
For sale the most luxurious 3-star hotel on the embankment of the Gelendzhik city resort, in the elite microdistrict Magnolia.
Favorite vacation spot of Russian actors and artists.
Number Fund – 48 rooms.
Summer profit: 30 million rubles or 462,000 dollars
Profit per year: 86 million rubles, or 1,325,000 dollars

Private hotel - 3 stars, restaurant (separate building, 248 sq.m.), 2 adjacent land plots - 4000 sq.m. in the property, 2 saunas, a conference room with 40 seats, swimming pools, next to it there is a parking and a playground, 30 meters from the sea.

A basement (300 sq.m.) was built behind the restaurant, it is intended for the construction of another hotel, it will withstand a 9 - storey building.
The facade is overhauled and redecorated every year with partial replacement of furniture.
The rooms have balconies with a magnificent panoramic view of the Gelendzhik Bay and the mountains.
The territory of the hotel is guarded and video surveillance.
Its 55 kilowatt electric generator (in case of a city power supply outage), network gas, central sewerage, central water supply.

The hotel has an established customer base. Works year-round.
Documents are all on hand and ready to deal, there are no encumbrances and debts.

In the resort cities of Gelendzhik and Sochi, at all the hotels on the first coastline, the land plot is leased by the city administration for 49 years. And our hotel land is in the property. It is possible to build a second hotel nearby up to 9 floors, on a finished basement of 300 sq.m.

Price: 8 million dollars. Payback period is 6 years. Sale without bargaining.

PS: The neighboring hotel has its own pier, you can participate in its expansion and in the future become its co-owner or simply buy parking for your yacht.

Every year, the flow of tourists is becoming more and more on the Black Sea coast. Gelendzhik is a very promising and very visited resort in Russia, among citizens of not only Russia, but also the CIS countries and Europe.

After purchasing the Hotel, you can urgently obtain the citizenship of the Russian Federation.

The sale will take place in 2 stages:
1. Sale of a ready-made company - limited liability company
2. Sale of real estate (building and land).

Sale in connection with the construction of a large facility abroad.
Sale from the owner of the company.

I do not speak English. I can only answer your emails. I look forward to all interested investors in Russia, with a translator.

Property information

Real Estate:

Real Property Included

Location:

The hotel is located on the promenade of the resort city of Gelendzhik. Famous resort in Russia, located on the Black Sea coast. This resort is visited by tourists from all over the world.

Business Operation

Reasons for selling:

Sale in connection with the construction of a large facility abroad.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here