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Hotel for Sale in Cotonou, Benin

For Sale: 30 rooms boutique hotel with restaurant and nightclub located in a premium location.
This Business is on a Premium Plan
Established 20-30 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 1:21 PM Africa / Porto-Novo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 5 million (Native Currency: XOF 2,750,000,000)
Reason: Owner's retirement.
Includes physical assets worth USD 2.7 million
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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.

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.

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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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