ID: 26236

07.02.24

Business for sale: sell a business and buy a business in Ukraine

The project for the expansion of the sanatorium-resort complex in the Transcarpathian region, Ukraine

Attracting a strategic investor to a development project for the construction of a modern apart-hotel or a rehabilitation complex on the basis of an existing, profitable sanatorium and resort complex in the Transcarpathian region

Location:

Украина

  • Sector: Hotels and restaurants
  • Business activity: Hotels
  • Price: $5 000 000
  • Share: 100%
  • Life period of business (years): 15

About the resort

The sanatorium of the highest category is one of the best recreation facilities in the Carpathians. The cleanest air, peace and quiet, a spacious green area among the beech forest and the Carpathian mountains. Comfortable rooms, a modern medical and SPA center with a wide range of procedures, a stylish Kolyba restaurant, well-developed infrastructure, qualified and friendly staff.

The resort has a license from the Ministry of Health, an accreditation certificate from the Ministry of Health and a registered trademark.

Rooms

The sanatorium complex includes 50 cozy, modern rooms of 4* category, with all conditions (one-, two-room, and also two-storey cottages).

Medical directions

As part of hydrotherapy, the sanatorium uses unique healing mineral waters. A wide range of physiotherapy methods, mineral and thermal baths, phyto- and aromatized, pearl and hydromassage baths, underwater shower-massage, etc. Rehabilitation procedures, massages, peelings, cosmetology, apitherapy. Salt therapy (salt room), bath and infrared sauna. Hydroozone therapy, hydrocolonotherapy, microclysters, etc.

Information about existing assets:

  • land plot: 3.6 ha (in private ownership)
  • total building area: 3,250 sq.m.
  • electrical substation 250 kW, diesel generator 90 kVA
  • medium pressure gas
  • artesian well
  • the sewer network is connected to the centralized sewer
  • boiler rooms (solid fuel and gas)
  • the territory is fenced around the perimeter
  • 24-hour own security, video surveillance systems

Investment attractiveness:

The sanatorium is located in a safe border zone, there are no military and large infrastructure facilities nearby.

Developed transport infrastructure and accessibility. Distance from Mukachevo 85 km, from Khust 20 km. Road after overhaul 2020-2021

Territorial proximity to European countries (2 km to Romania, 50 km to Hungary) as an opportunity to attract foreign clients, incl. for medical tourism programs.

Powerful healing potential due to the fact that the resort is rich in sources of healing mineral water, as well as thermal waters. An ideal location for the development of directions for the treatment of diseases of the gastrointestinal tract, musculoskeletal system and respiratory organs, rehabilitation after infectious diseases, etc.

The already existing modern medical base and many procedures, its own pump room with two types of mineral waters.

Nearby there are many places for walking, excursions and entertainment. In particular, at a distance of 7 km. there is an 800-meter ski lift, as well as a famous thermal complex.

Resort destinations in the Western regions of Ukraine have proven to be more resilient and stable in terms of efficiency compared to city hotels throughout the Covid-19 crisis, as well as wartime.

Growing interest of international hotel and apart-hotel operators in entering and expanding their activities in Ukraine.

Significant potential for the capitalization of the object and the growth of profitability. Free 2 hectares of land for new construction, developed in 2022, the concept of the development of the apart-hotel by Cushman & Wakefield.

Development projects

Today, taking into account the free territory (2 hectares), there are several directions for the further development of the complex:

1. Construction of a 6-storey apart-hotel with an area of ​​9,150 sq.m. with 96 rooms.

The authoritative international company Cushman & Wakefield in 2022 developed a concept (Feasibility Study) for the construction of an Apart-Hotel with 96 rooms (75 sq.m each) of a middle class, a restaurant, a bar, a conference hall, a SPA center and a wellness center, a swimming pool, open park.

The business model of profitable real estate involves the sale of 50% of the apart-hotel's room stock, followed by the management of the management company.

Financial and economic indicators of the project:

  • required amount of investment in construction: $13,248,000, of which 50% own funds, 50% bank loan.
  • the cost of sales to retail investors is $2,400 per sq.m., the profitability of investors is 8.6% per annum.
  • Project IRR (10 years): 26.1%
  • Project NPV: $1,959,000

2. Construction of a rehabilitation and medical complex

After Ukraine's victory in the war, it will be necessary to restore not only communications, roads, buildings, but also to rehabilitate civilians and military personnel. Hundreds, thousands of Ukrainians after injuries will require recovery, treatment and adaptation to civilian life.

In this context, the construction of a modern rehabilitation center on the territory of the existing sanatorium complex becomes relevant. This trend is evidenced by the results of the forum in Switzerland (Lugano) as part of the plan for the post-war reconstruction of Ukraine.

Detailed information is available upon request.

Location

Contacts

Алексей Олейников

[email protected] +380677136571

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