Hotel and Resort for Sale in Shinas, Oman
For sale: Profitable hotel and resort in Shinas offering accommodation and alcohol services to tourists.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.3 million |
| Run Rate Sales | USD 1.4 million |
| EBITDA Margin | 20 - 30 % |
| Industries | Hotels and Resorts |
| Locations | Shinas |
| Local Time | 9:36 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
5.5 million
(Native Currency: OMR 2,100,000)
Reason: The owner is selling the business to clear outstanding bank loans and invest in another property in ...
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Includes physical assets worth
USD
5.5 million
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Documents
Land Deed
(204.5 KB)
Business Overview
- The business is in a prime location in Shinas.
- It operates a hotel and resort with 24 rooms.
- The property maintains an average occupancy rate of 65%.
- The business holds a valid land deed, Trade licence and alcohol licence.
- It operates a hotel and resort with 24 rooms.
- The property maintains an average occupancy rate of 65%.
- The business holds a valid land deed, Trade licence and alcohol licence.
Products & Services Overview
Primary offerings include hotel accommodation, resort facilities, and alcohol services for tourists and visitors to the Shinas and Al Batinah area.
Assets Overview
Tangible assets:Hotel and resort buildings, land plot measuring 5,000 sqm. 20 guest rooms, common areas, furniture, fixtures, kitchen equipment, bar equipment, and related operating equipment.
Intangible assets:
Valid land deed, Trade licence, and alcohol licence.
Facilities Overview
The resort and hotel are situated on a 5,000 sqm tourist land plot in Shinas. The property has 24 guest rooms and supporting hospitality facilities. The land is owned by the proprietor.
Capitalization Overview
The business was funded through the owner's equity and bank financing. It has outstanding bank loans of approximately OMR 870,000 from Al Ahli Islamic Bank. The main real estate asset is mortgaged to the bank. The business has one owner holding 100% equity.
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