Hotel for Sale in Cotonou, Benin
|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|
|Local Time||1:21 PM Africa / Porto-Novo|
|Listed By||Business Owner / Director|
- 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.
Services include 30 room boutique hotel & bar-restaurant with additional fine dining restaurant, nightclub, outside catering and events.
We own main hotel with 20 rooms, restaurant and all associated equipment.
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.