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Hotel for Sale in Dar es Salaam, Tanzania

For Sale: Hotel in Dar es Salaam with 35 rooms and occupancy rate of 90%
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 600 - 700 thousand
Run Rate Sales USD 660 thousand
EBITDA Margin 40 - 50 %
Industries Hotels
Locations  Dar es Salaam
Local Time 12:43 PM Asia / Shanghai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.4 million (Native Currency: CNY 17,500,000)
Reason: Promoter is wants to focus on another business.
Includes physical assets worth USD 2.4 million
Interested to connect with advisors
Documents
Business Overview

- Standard service hotel located in Dar es salaam, Tanzania.

- Have 35 rooms, a conference room, a banquet hall, an open bar, and a VIP lounge.

- The hotel has an average occupancy rate of 90% and is fully booked during most times of the year.

- Mostly receive international clients from around the world since Tanzania is a popular tourist destination.

- We also have a banquet hall and offer shuttle service.

- Listed on several travel portals including Booking. com, TripAdvisor, Hotels. com and Expedia. com.

- Physical assets under the business include the land, construction, furniture and other operating assets.

Products & Services Overview

Full fledged hotel with 35 rooms, a conference hall, a banquet hall, an open bar, and a VIP lounge.

Facilities Overview

The property is a fully owned 8,000 sq. ft. plot and the constructed hotel has a total of 7 floors.

- Floor 1: Reception, restaurant, and the VIP lounge.

- Floor 2: Banquet hall & conference hall.

- Floor 3: Open bar.

- Floor 4,5, and 6: Rooms.

- Floor 7: Offices.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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