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Hotel for Sale in Aus, Namibia

Hotel has existed since 1906, with pre-bookings till the next year and 54 beds.
This Business is on a Premium Plan
Established 110-120 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 260 thousand
Run Rate Sales USD 310 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Aus
Local Time 10:58 PM Africa / Johannesburg
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.27 million (Native Currency: NAD 22,000,000)
Reason: Present owners want to retire after 17 years. Valuation is based on the hard assets, goodwill and b... View More
Includes physical assets worth USD 980 thousand
Interested to connect with advisors
Documents
Business Overview
1. Hotel has been in business since 1906, located in Namibia.
2. Currently has 27 employees and 54 beds in 26 rooms.
3. Received several awards from the Hospitality Association of Namibia over the past 17 years.
4. Has been gaining momentum again after a slump due to the Coronavirus.
5. Caters to both domestic and international clients with excellent food.
6. Business has a few confirmed room bookings till next year.
7. 40-50% occupancy rate at the moment. It was more before the pandemic.
Products & Services Overview
Hotel with accommodation, SADDC and international clients, and excellent food.
Assets Overview
26 rooms spread over 3 properties of 4,417 sqm, kitchen with 7 chefs - capacity of 200 a-la-carte meals per session, biological sewage plant, cold store facilities, 100 KVA emergency generator.
Facilities Overview
Own property of 4,417 sqm with 54 beds and 26 rooms located in Aus, Karas Region.
Capitalization Overview
Self funded flourishing business.
Two partners: 51 and 49% shareholding.
There are no debts or loans within the business anymore.
Recent Activity
  • Earlier than 15 days
    CEO, Chennai, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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