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Commercial property in Bulgaria

Thinking of setting up a business in Bulgaria or want to move and have the preferred lifestyle of owning and running your own place? Maybe a bar, a hotel or a bed and breakfast? We investigate the pros and cons of buying an existing business and list a pick of commercial real estate which is currently available on the Bulgarian market.

Running your own business is a dream of many. Apart from living the dream, buying an existing business can make life much easier and get you into profit much sooner.

Pros

The business is 'up and running'
An existing customer base
Vendors may lend support and goodwill
Tried and tested
More chance of success than a start up

If you'd like to move to Bulgaria and give running a business a go, then do some planning. Don't go through the rest of your life thinking 'I wish I'd done...' Take a deep breath, get your computer out or pen and paper and starting a plan. This will get everything out of your head and the project will start to become realistic. Many business owners work all hours possible, so find something which you believe in. If you are providing quality in your business, then you won't mind all those extra hours.

Location is vital. It depends upon your business as where you need to be, but you must consider who your customers are and if you will need employees. Parking, delivery restrictions and council tax also need taking on board. Make some notes as to whether you need to:
- have passing trade
- be close to suppliers, near related businesses
- get to the bank every day to deposit earnings
- have public transport near to the businesses

If you are looking at business premises, where perhaps the current business has failed or closed, investigate carefully as to the reason why. Be sure that you will be able to make it work by putting your own business plan together and doing your own sums.

There are many up and running businesses for sale in Bulgaria. Here's our top three selection:

Working business completely finished to European standarts in the Roussenski Lom Nature Park - see first picture in slide show top right of this article, click to enlarge
The property comprises: Large three bedroomed traditional style house with two modern bathrooms and newly fitted kitchen.
Beautiful two bedroomed self-contained bungalow with french doors leading to gardens area.
Two separate newly built en-suite rooms.
Cafe/ bar fully fitted with modern appliances.
Garden of 1050sq.m:
There are three separate buildings in the yard 240 sq m; 100sq m; 80sq m.
Enclosed/ private gardens stocked with trees and shrubs.
Swimming pool
Barbeque and sitting area
At the back of the bungalow there is an extensive plot of land - suitable for further development, with size of 1000sq.m
The village benefits from good rail and road transport, making it possible to have all year round trading. It is surrounded by breathtaking countryside and is an area of historical ecological and cultural impartance.
Price: 155,000 euro

Popular student bar located in the old town of Veliko Turnovo
See pictures two and three in slide show above top right. Veliko is a university town, so plenty of students for this bar which also attracts international clients. It includes bar – 81 sq m, winter garden (extension) – 30 sq m and garden of 60 sq m. The internal capacity is 70 and 20 in the garden. The garden has views towards an old church and Gurko Street below. Inside are high vaulted ceilings and a small stage for live music. It is fully kitted (i.e. ventilation, sound system, cameras, security devices etc.) It is also fully licensed and operational. The price includes business and premises!
Price: 90,000 euro

Glamorous 4-star boutique hotel in Borovets offering contemporary comfort in a remarkable atmosphere.
See pictures four and five above top right. Base for luxurious holidays with winter skiing, summer mountain walking and a full range of other outdoor activities. Perfect for unique family vacations or conferences, team buildings, corporate events and presentations.It is located in the centre of Borovets, close to the main ski runs and direct access to the gondola.
Suites: 12 boutique apartments (double bedroom, living room, bathroom, balcony), only natural materials are used for the interior. Apartments are fitted with designer furniture.The natural wood and stone is combined with the most sophisticated technologies, including satellite TV, wireless Internet and telephones - and under floor bathroom heating.In addition there is a fabulous presidential apartment, situated on the upper two floors of the hotel with spacious living room, a large dining room and kitchenette, and three bedrooms. Two large terraces provide wonderful views of the ski runs and the mountain, a small balcony looks out over Borovets.
Kitchen The kitchen on the ground floor meets all the latest EU health and safety regulations. It is a show-kitchen with a bar facing the restaurant.
Restaurant and Bar featured with a contemporary finish create unique character. It seats 40 people and with the lounge and the terrace included a total of 120.
Spa & Fitness centre A clever design allows for a locker and changing room, swimming pool with relaxer beds, Jacuzzi, a sauna and a steam cabin, massage room and American equipped gym for eight different basic workouts or gentle exercise.
Ski School and Ski Maintenance Depot Equipped to international standards they include:* 150 pairs of Atomic skis from Austrian specialists* 50 snowboards* 500 ski and snowboard Atomic boots for all ages* The KORALP DRY K125 with infrared and ultraviolet ports that dry, disinfect and refresh ski boots* JETBOND machine* REICHMANN PROFI 1 grinds and prepares skis for 20 different snow conditions* REICHMANN tuning and polishing machine* A ski and snowboard polishing and waxing machine. The hotel has its own laundry department with capacity to produce linen and all other services for 300 beds.
Price: 3,250,000 euro


All the above properties are available with Stara Planina Properties