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Promising Rural Tourism/Camping Business In Kalvarija For Sale

Kalvarija, Marijampoles, Lithuania
Asking Price:
€830,000
Sales Revenue:
€100K - €250K
Cash Flow:
€50K - €100K

For sale is a rural tourism homestead business in Lithuania, 15 km from the Polish border, near the strategic railway "ViaBaltica," with a company running it, company-owned real estate (buildings, land, forest, own lake) in a unique natural environment with exceptional privacy, as well as other material assets, rights, and obligations.

Actual activity of the company: accommodation, catering, rental, and event organization services in the rural tourism homestead; camping services.

The homestead can accommodate up to 120 people at the same time. There are 20 rooms available, as well as halls for parties and business events, trainings, a sauna, and other active leisure services at rural tourism homesteads for guests.

The territory of service provision (land, lake, water body, forest) belongs to the company conducting business.

The place is not only distinguished by its unique natural beauty, but it is also convenient to arrive in a geographical sense and, at the same time, ensures complete privacy and rest.

Real estate for sale together with the business:

• Water reservoir (lake): 5.7 hectares;
• Plot of land (entire territory for homestead activities): 4.4 hectares;
• From the total territory: forest land, 2.2 hectares;
• Buildings in the area: main building: 1200 sq m, second building: 270 sq m, sauna building near the main building: 35 sq m, second sauna building near the lake: 28 sq m, mill building (pump): 12 sq m. All buildings are located on a territory of 2.0261 ha.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

One of the buildings it is possible to use for business owners living accommodation.

Location:

The southern part of Lithuania, a strategically convenient place for rural tourism and camping business.

Premises Details:

Water reservoir (lake) – 5.7 hectares;
• Land plot (entire territory for homestead activities) – 4.4 hectares;
• From the total territory - forest land - 2.2 hectares;
• Buildings in the area: main building - 1200 sq/m, second building - 270 sq/m, sauna building near the main building - 35 sq/m, second sauna building near the lake - 28 sq/m, mill building (pump) - 12 sq/m. All buildings are located on the territory of 2.0261 ha.
*Detailed plans of buildings and plots are provided with a detailed presentation after signing a confidentiality agreement.

Size in square feet:
1545 sq/m

Business Operation

Expansion Potential:

Due to the unique natural beauty and exclusivity, it is a promising place for the provision of rural tourism services in the rapidly recovering market of rural tourism services after the pandemic.
• The convenient geographical location of the homestead is an opportunity to attract customers both from Marijampolė county, from the more distant counties of Kaunas and Vilnius, and from neighboring Poland.
• According to the data of the National Tourism Promotion Agency "Travel in Lithuania" (June 2022), about 70% choose Lithuania for their main (long) vacation every year. Lithuanian residents. This trend has been stable for several years in a row. A representative survey of Lithuanian residents conducted this year showed that 3 out of 4 Lithuanians traveled in Lithuania for leisure purposes with (at least one) overnight stay. Compared to last year, the number of such people increased from 58 to 76 percent. This means that the local tourism boom is not abating, but only growing and maintaining a high position when choosing to spend a vacation in Lithuania.
• By conducting direct sales of services to companies or event organizing agencies, the possibility of increasing income from the business segment.
• The possibility of forming a circle of third party service providers, who share the income for the catering or active leisure services referred to homestead clients.

Competition / Market:

Low local competition.

Reasons for selling:

Due to old age and ill health, the owner tends to retire from the business.

Employees:
2
Years established:
2004

Other Information

Support & training:

Full transfer of business "know-how" and subsequent consultations from the previous owner.
The business is suitable for both active and passive involvement in business management for the new owner. Suitable for family business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Near 30 % from Total deal amount.

Furniture / Fixtures value:
€30,000