For Sale Hotel In The Mountains, Georgia
For sale Hotel in the mountainous region of Ozurgeti, Georgia.
2. Description of the object
Location:
– Ecologically clean suburb of Ozurgeti, border of AJARA and Guria regions, 29 kilometers from the sea, 8 kilometers from the center of Ozurgeti, 300 meters above sea level.
– 60 km from BUS/UGSB airport and 75 km from KUT/UGKO airport
– Subtropical climate with warm winters and not too hot summers.
– Picturesque mountains, mountain rivers, mineral springs, tea plantations, clean healing air, coniferous forests with a panoramic view from the hotel.
Area and premises:
– Total area of the hotel is 2500m2, 5 floors with elevator.
– Total area of the land plot is 6500m2 (with the possibility of expansion to 10,000m2), private parking for 20 cars.
– 19 rooms for 60 people, each room has a shower and toilet, work area, exit to the balcony, air conditioning, TV, wardrobe, treasure safe.
– Restaurant for 250 seats, own equipped kitchen, storage facilities, rooftop veranda, outdoor veranda for breakfasts and dinners at the hotel is ideal for relaxation or events.
Status:
– Operating company since 2023.
– Full staff of hotel service employees, cooks, waiters, cleaners, security.
– All utilities are connected to the hotel:
Natural gas, own Water, Sewerage, Satellite Internet, Electricity, there is an autonomous diesel generator of 150 kWh on the territory, air conditioning and ventilation system.
Equipment and licenses:
– Fully equipped with a kitchen, furniture and necessary equipment.
– There are warehouses, utility rooms, empty spaces for expansion.
Business potential:
– Availability of regular customers from Israel and European countries.
– Huge flow of people in the season from May to September.
– AirBNB, Booking, TripCom, HotelsCom platforms are connected with reviews and ratings.
– Average monthly income 55,000 - 59,000 GEL or $21,000 - $22,000/month.
– Possibility of expansion, construction of a swimming pool, sauna, gym for hotel customers.
– Possibility of obtaining Georgian residence permit for permanent living in Georgia, for obtaining visas in Europe, USA and Asia.
Price and terms of sale:
– Price $2,750,000. no hidden fees, no extra taxes for the buyer.
– Possibility of payment in cryptocurrency, bank transfer, cash.
– Company registration and sale of the business with all equipment and employees, current management willing to stay through a transition period.
– Reason for sale: the owner is retiring.
Price: $2,750,000
For details and viewing: (WhatsApp/Telegram or email)
Financials (USD)
Net Operating Income (Annual) $264,000
Asking Price $2,750,000
Cap Rate Available On Request
Additional Details
Suite/Unit Number 19
Building Area 2500.00 Square Meters
Building Class Class A Building
Year Built/Renovated 2023
Land Area 0.65 Hectares
Deal Terms
Broker Co-Op? Available On Request
Seller Financing Available? Available On Request
Seller Willing To Lease? Available On Request
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