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Listing ID: 598034

Life Chance Investment: Successful & Well Established SPA Business Serving Luxury Hotels For Sale

City Center, Sofia City, Sofia, Bulgaria

€ 1,125,000

(Furniture / Fixtures and Inventory / Stock included)
(Real Estate Included)

Revenue: € 100k to 250k

Cash Flow: not disclosed

Business Description

Camelot SPA Ltd. is located in Sofia, Bulgaria, European Union.

The company has very good reputation, international service standards and 13 years profitable history: prove is the fact of ongoing contracts with four 5 star hotels of competing international chains (Hilton, Sheraton, Radisson BLU and Holiday Inn) and four 4 star hotels, all located in Sofia.
There is amazing potential to develop and extend the business in all 5 star hotels!

The company owns top located property in wealthiest residential area South Park - Lozenec for opening a luxury day SPA or fithness.

Camelot SPA Ltd. is a corporate partner of Hollywood’s NU IMAGE film studios Boyana, near Sofia (biggest flm studios in central and East Europe).
Camelot SPA Ltd. is also a distributor for Bulgaria of EarthLite professional massage tables (USA company, world leader in this field).

The company has no debts, all taxes regularly paid, excellent public reputation, no accidents with clients and clear claim record.

The staff is highly trained; most professionals are with Physical Therapy and Sport Academy Master degree.

We are looking for partner to invest together and extend the business. We are ready to sell part or even entire business with or without the real estate.

Bulgaria has lowest tax rate in EU – 10% only and lowest paid staff in Europe.
Camelot SPA Ltd. is a PERFECT investment on this market right in this unique moment!

Please contact Ivan below for more information.

Property Details

Years Established:

13

Property Type:

Real & Lease

Real Estate Value:

€ 500,000

Other Details

Business Location:

All locations are in Sofia city. Mainly luxury business hotels, the owned premise is located at the wealthiest residential city area South Park, Lozenec.

Competition:

Very low competition - one company operates the Health clubs of few countrywide located leisure hotels (only one in Sofia). Another one company operates Kempinski's Health club in Sofia. Camelot SPA Ltd. is focused on Sofia's luxury business hotel segment.

Expansion Potential:

Huge potential for developing the business, needed some investments in hardware and aggressive marketing to triple the Health clubs revenue in less than one year. When the owned property is opened as a day SPA, to the revenue will be added additionally not less then 30%.

Operation Details

Employees:

15

Trading Hours:

9-22h.

Miscellaneous

Reason For Selling:

Family reasons. We regret we have to sell.

Contact this seller

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