8.2 / 10
 Gurue

Prime location hotel surrounded by tea estates, boasting 14 rooms and 70% occupancy, for sale.

Key Business Facts
Yearly Sales USD 300 thousand
EBIDTA Margin 40 %
Industries Hotels
Locations  Gurue
Business Overview
1. Popular and established hotel Gurue, Mozambique, catering to both national and international travelers.
2. With a prime location in the bustling city center, it is easily accessible and surrounded by several tea estates, providing a unique and scenic setting for guests.
3. The hotel boasts 14 well-appointed rooms, with a current occupancy rate of 70% and a charge of $45-50 per room, offering a competitive and profitable business model.
4. In addition to full accommodation, City Lodge also offers a restaurant, bar, and 2 shops, providing diverse and convenient services for guests.
5. The hotel also features a large recreation area and meeting space, making it an ideal choice for both leisure and business travelers.
6. With a dedicated team of 15 employees, we have a strong and experienced workforce, ensuring high-quality service and customer satisfaction.
7. We also have a hotel license.
8. Proprietor currently works in Addis Ababa.
Products & Services Overview
14 Rooms for full accommodation, restaurant, 2 shops, recreation area, meeting area, and bar.
Capitalization Overview
Profitable ongoing business, Business funded solely by the 4 shareholders / owners of the business, main shareholder 51%, rest divided between 3 (all family), all agree for the full value, no debts, no credits / loans.
Assets Overview
The whole ownership of 3,000 m2 of property, GF+1st floor, including 2 Shops and Restaurant fully furnished, standby Gen Set.
Full Sale
Asking Price: USD 1.2 million (Native Currency: USD 1,200,000)
Reason: Retirement of the main shareholder and no successors within the family.
Includes physical assets worth USD 1.2 million
Interested to connect with advisors
In talks with 1 Investor
Contact Business