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Tourism

Vine Cliff Hotel in Areni

Required investments

$445,500

173 299 500֏

Cost of the project

$600,000
233 400 000֏

EBIТDA Margin/profitability

14%

Company’s Annual Sales

$225,000-$1,000,000
87 525 000֏-389 000 000֏

Share in the company if one invests the required money

45%

Number of employees
<15

Payback period

7
 years
Details
Min. ticket size $220,000 105,600,000֏. The land is owned by the company. Construction permit acquired. The preliminary construction works have started. Pending investment, it is planned to ideally commence works on the site in Q2 2022 and to complete the Hub project by Q1 2023. *This section is for informational purposes only to provide communication between the Armenian entrepreneurs seeking financial resources and persons owning those resources. The information on this site does not constitute an offer to purchase securities. Specific investment mechanisms are not proposed, they will be discussed by the above mentioned stakeholders.

About company

VineCliff LLC is run by London-based Armenian winemakers with 25+ years career with major multinationals in consumer goods (Kraft, BAT), hospitality and food service (Whitbread) and retail (Colart) sectors. Founders have International business development experience in EMEA, CEE, CIS and SEA, in hotel and property development projects in CEE and Russia, as well as in franchising in London.

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