Hotel for Sale in Cotonou, Benin
For Sale: 30 rooms boutique hotel with restaurant and nightclub located in a premium location.
Premium Plan
| Established | 30-40 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 2 - 3 million |
| Run Rate Sales | USD 2.3 million |
| EBITDA Margin | 30 % |
| Industries | Hotels + 1 more |
| Locations | Cotonou |
| Local Time | 3:03 PM Africa / Porto-Novo |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
4.8 million
(Native Currency: XOF 2,750,000,000)
Reason: Owner's retirement.
Includes physical assets worth
USD
2.63 million
Interested to connect with advisors
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Business Name
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User Verification
Documents
Domain-Verification.pdf
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Business Overview
- Our property is probably the best known establishments of it's kind in Cotonou.
- Average occupancy rate is 75%, and the rooms can be booked through our website, Facebook page and walk-in.
- Food delivery is available through two local delivery platforms.
- Started with a single bar & restaurant around 30 years ago, we added a 20 room hotel to the property that is in business for more than 6 years now on the same premises, and we added 10 room villa and events garden a year later, a high class gourmet restaurant was added 3 years ago and lastly a lounge-bar-nightclub has been in operations since last year.
- We saw huge growth rate in terms of turnover after adding of hotel and events to the business line.
- The whole property is owned by us except the 10 room villa, gourmet restaurant and lounge-bar nightclub which are in long term lease of more than 10 years. Investment required to upgrade these lease terms is around USD 250,000.
- Average occupancy rate is 75%, and the rooms can be booked through our website, Facebook page and walk-in.
- Food delivery is available through two local delivery platforms.
- Started with a single bar & restaurant around 30 years ago, we added a 20 room hotel to the property that is in business for more than 6 years now on the same premises, and we added 10 room villa and events garden a year later, a high class gourmet restaurant was added 3 years ago and lastly a lounge-bar-nightclub has been in operations since last year.
- We saw huge growth rate in terms of turnover after adding of hotel and events to the business line.
- The whole property is owned by us except the 10 room villa, gourmet restaurant and lounge-bar nightclub which are in long term lease of more than 10 years. Investment required to upgrade these lease terms is around USD 250,000.
Products & Services Overview
Services include 30 room boutique hotel & bar-restaurant with additional fine dining restaurant, nightclub, outside catering and events.
Assets Overview
We own main hotel with 20 rooms, restaurant and all associated equipment.
Facilities Overview
We own the 20 rooms hotel and bar-restaurant, while the 10 room villa, gourmet restaurant and nightclub are leased. The entire property is located in the best location of Cotonou which is close to airport and the best residential area of the town.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder & CEO, Delhi, Business Broker connected with the Business
-
Earlier than 15 daysCEO, Ahmedabad, Financial Consultant connected with the Business
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