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Successful Hotel And Restaurant In Sunny Beach For Sale

Sunny Beach, Burgas, Bulgaria
Asking Price:
€7,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€4,000,000
Cash Flow:
€500K - €2.5M

Hello all ... I would like to present to you our commercial property for sale.
I want to present to you, Hotel situated in Sunny Beach Sea Resort on the southern Black Sea coast.
The hotel is well established over the years and has been popular with tourists from all around Europe and the Middle East.
Hotel most often accommodates guests from Germany, Sweden, Norway, Israel, Turkey and Russia.

* Longnosa Hotel accommodates 340 beds on its premises 11 546 sq. mtr. of built premises on four operating floors and 7 325 sq.m of land on which it is built on.
* Hotel is within easy reach of the sea beach.
* Hotel has at its disposal 131 double rooms, 8 single rooms, 25 studios, and 6 apartments.

The hotel has the following amenities a restaurant with 290 seats of which 80 seats open-air, pool bar with 45 seats and a lobby bar with 17 seats.
The restaurant has a gas-equipped kitchen with 776 sq. mtr. of land.
The hotel has 3 pools, a pool for adults, a pool for kids as well an inhouse covered pool.
The Hotel Complex has two adjacent land terrains located in front of the Hotel Longosa, one is 4294 sq.m consisting of multi-sport ground in full use by the hotel guests.
Hotel Complex has another adjacent land terrain located within walking distance consisting of 5454 sq.m of land and no building, free site of any building or any construction.
The second terrain is not occupied of any buildings or constructions.
The hotel complex has installed solar panels for heating up water for the uses of the hotel premises as well as central chiller for air conditioning the whole building.
The whole complex has two main chillers capable of delivering air conditioning for the whole complex.

The operating period of the property is between 15.05.2022 to 15.10.2022 each year!
The company that currently runs the hotel is a joint-stock company, its stocks are divided in 6 different shareholders that are eager to sell whole or partial shares of the company holdings.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Location:

Hotel is located on the south black sea cost near the town of Burgas in the world-known sea resort Sunny Beach. The hotel is 2 kilometers from the heart of Sunny Beach and 200 meters away from the beach. The hotel offers indoor and outdoor pools, a fitness center and massage on demand. Guests can rely on free of charge Wi-Fi and free of charge parking lot. Cocoa beach is 600 meters from the hotel. All rooms in the hotel have air-condition, bathroom with a shower and satellite TV. They all have a terrace and a couch. The hotel offers a-la-carte restaurant and a beer garden.

Premises Details:

Longoza” hotel offers 340 beds in 8 single rooms, 131 double rooms, 25 family rooms and 6 apartments. They are all spacious and cosy, fashionably furnished, all have telephones, satellite TV, a small refrigerator, hairdryer in the bathroom, central aircondition system and a terrace. They successfully contribute to the great atmosphere.

The pools for grown-ups and children with deck-chairs and umbrellas around them are situated in the beautifully kept garden.

The guests can also use the indoor pool, the fitness center, the sports playground and the stage for various events.

The guests of “Longoza” hotel use the restaurant and pub with 290 places, 229 indoors and 61 outdoors, the pool bars with 45 seats and the lobby bar with 17 seats. A souvenir shop, currency exchange, safes for rent, massage lounges, hairdresser’s and manicure salon, babysitting/child services are also available for the guests.

Size in square feet:
11 546 sq.m on four operating floors

Business Operation

Expansion Potential:

The hotel has 3 pools, a pool for adults, a pool for kids as well an inhouse covered pool.
The Hotel Complex has two adjacent land terrains located in front of the Hotel Longosa, one is 4294 sq.m consisting of multi-sport ground in full use by the hotel guests.
Hotel Complex has another adjacent land terrain located within walking distance consisting of 5454 sq.m of land and no building, free site of any building or any construction.
The second terrain is occupied of no buildings or constructions.

Reasons for selling:

Retirement and recent loss of major member of the board of the directors

Trading hours:

Full-time working hours, seasonal business Summer/Autumn from the beginning of May to the end of October.

Employees:
20-40 personal staff depending on the season occupation
Years established:
Hotel Longosa was in operation since 1996, since then the company operator works in cooperation very well with German,Scandinavian,Russian, French and Israeli tour operators

Other Information

Support & training:

We have a number of of trained staff who are ready to help with training new staff at the service operations.

Furniture / Fixtures value:
€1,000,000 - included in the asking price
Inventory / Stock value:
€1,000,000 - included in the asking price
Website:
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