Investment Opportunity: Profitable Hotel & Hostel Business

For more information:
+370 655 45 547 (also Whatsapp, Telegram, Viber)
Skype: euromig.baltic
info@euromig.com

Location: The centre of Vilnius, Lithuania
Business price: The price range for the business is €65,000 to €145,000 for a stake ranging from 35% to 100% of the business.
Looking for a hassle-free investment opportunity in a prime location? Your search ends here with our profitable Hotel & Hostel business, ideally situated in the heart of the city!
Step into a world of comfort and style as our Hotel & Hostel business welcomes you with its modern amenities and chic decor. Featuring a mix of spacious dormitory-style rooms and private apartments, our establishment caters to a wide range of travellers, from backpackers to couples seeking a romantic getaway.
What sets us apart is the inclusion of four separate apartments, each with its own bathroom. These hotel-style apartments offer the perfect retreat for couples, providing comfortable double beds and scenic views overlooking the park and central Vilnius street. Whether you choose to utilise them as an owner's suite or as additional sources of revenue, these apartments add exceptional value to the business.
Conveniently located in the bustling city centre, our Hotel & Hostel business grants easy access to public transportation, popular attractions, and a vibrant nightlife scene. With a proven track record of profitability, you can seamlessly step into ownership and start generating revenue from day one.
One of the notable advantages of this opportunity is that the business is being sold together with the company that has an existing rental contract for the premises. This presents several benefits for the buyer, including:
1. Streamlined Operations: By acquiring the business along with the existing company and rental agreement, you can seamlessly continue operations without the need to negotiate a new lease.
2. Immediate Revenue: With the business already established and generating income, you can start earning revenue from day one.
We offer various investment options tailored to your needs:
1. 100% business: Acquire the entire Hotel & Hostel business, including staff, furniture, equipment, and more, for 145,000 euros.
2. 70% business: Invest in a majority share of the Hotel & Hostel business for 105,000 euros.
3. 50% business: Secure a 50% ownership stake in the Hotel & Hostel business for 80,000 euros.
4. 35% business: Become a significant partner with a 35% ownership share in the Hotel & Hostel business for 65,000 euros.
Alternatively, we offer a leasing option where you can pay instalments from the business income. The lease fee for the Hotel & Hostel business is 25,000 euros, with a minimum upfront deposit of 75,000 euros for a lease term of at least 3 years.
We prioritise your success as a business buyer or tenant and provide comprehensive assistance with marketing, employee management, accounting, and more, based on your specific requirements.
Don't miss out on this exceptional opportunity to acquire a profitable Hotel & Hostel business in a thriving tourism destination. Contact us today to schedule a viewing and embark on your journey to becoming a successful Hotel & Hostel business owner!
(Note: Prices and lease terms are subject to negotiation. Serious inquiries only. Confidentiality agreements may be required.)
The rental business is ideal for 1-2 families seeking to obtain residency permits in Lithuania. However, please note that the cost of obtaining residency permits is not included in the business price and would be charged separately. Our fees for the TRP (Temporary Residence Permit) procedure are as follows: €3,500 for the main applicant, €1,500 for the spouse's documentation and procedure, and €1,200 for each child's documentation and procedure.
The reservation fee for this business is €7,000 in advance.
After the advance payment, the buyer will be provided with all the documents and reports that correspond to the business results indicated in the advertisement.
To order additional information about this business (financial statements, Booking.com report, income/profit reports or forecasts, etc.), you will have to pay an "information services fee" of €2000 (70% of this amount will be returned to you in the form of a discount if you close the business purchase or order other services).