Resort a three star hotel in Sevastopol

Business description

Resort complexastrea property

location: Central part of the city of Sevastopol, the first line on the beach, your beach.The only object in the Central part of Sevastopol with full private beach and grounds.

* Area – 3, 8 hectares, 6 of hotel buildings, private cinema and dining room, children's and sports grounds.

* 1 – 4-storey building – reception, restaurant, 49 rooms (level 3* — after repair)

* 1 – 2-storey building — 16 rooms (5* — after repair)

* 1 – 2-storey building — room 21 (level scoop but clean, after repair)

* 3 – 1-storey building (full scoop, demolition or reconstruction)

* 1 – 3-storey building — 1st floor medical and administrative, 2 floor large conference room-cinema on 400мест + ballroom, 3rd floor kitchen + 2 dining hall (entire body requires urgent repairs)

* The beach is about 100 m, easy sea access

* Tennis court

* Volleyball court

* Outbuildings, garages

The object is worth $ 15 million. The object is already running, you need to first make repairs to the canteen building of the cinema. The project will require additional investments — 8 million (renovations in the building and the dining room theater, landscaping, construction of 2 swimming pools and increase the number of rooms 200 rooms, purchase of furniture and equipment, construction of restaurant on the beach, working capital and promotion (first 2 years)) total required investirovat $ 23 million. In the case of implementation of the required changes, the annual turnover will be from $ 3 million (profit of 30-35%), the 3 year may bring profitability to a 2 — 2, 5 million. a year. The room Fund should be increased to not less than 150 rooms but not more than 250. When the operation of the facility in the form of resort payback in 8-10 years, but in carrying out the investment and correct promotion in three years it can be sold for 30 million dollars.When the operation of the facility combined hotel + aparment (land for sale) payback in 3-5 years.Object unique in its kind in Sebastopol. Under the above attachments and the correct will be the strongest player in the hotel market of Sevastopol. The planned average annual occupancy of 70% and above.