Hotel for Sale in Kilimanjaro, Tanzania
For sale: Hotel built on a 3,975 sq. m. plot with a mountain view.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 19 thousand |
| Run Rate Sales | USD 13.5 thousand |
| EBITDA Margin | 20 % |
| Industries | Hotels |
| Locations | Kilimanjaro |
| Local Time | 6:33 AM Africa / Khartoum |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
340 thousand
(Native Currency: TZS 900,000,000)
Reason: The owner wants to focus on another business.
Includes physical assets worth
USD
340 thousand
Interested to connect with advisors
Documents
Taxpayer Identification Number
(34.3 KB)
Certificate of Incorporation
(1.1 MB)
Business Overview
- Standard service hotel built on a 3,975 sq. m. plot with 20 rooms, conference facility, bar, lounge, and an onsite restaurant.
- The hotel is highly ranked on TripAdvisor in the BnB category and has an average occupancy rate of 65%.
- Our clients consist of tourists and medical students from around the world.
- The hotel is listed on several travel portals including Booking. com, TripAdvisor, Hotels. com, and Expedia.
- Buyer will get the legal entity with physical assets owned by the business which include the land, building, furniture, and other operating assets.
- We had a drop in occupancy and sales last year due to the pandemic.
- Despite the pandemic, we continued to receive guests and were awarded the certificate of excellence from TripAdvisor.
- Buyer will have to renovate the hotel and add certain amenities like a swimming pool to upgrade the hotel to 3/4 star status.
- The hotel is highly ranked on TripAdvisor in the BnB category and has an average occupancy rate of 65%.
- Our clients consist of tourists and medical students from around the world.
- The hotel is listed on several travel portals including Booking. com, TripAdvisor, Hotels. com, and Expedia.
- Buyer will get the legal entity with physical assets owned by the business which include the land, building, furniture, and other operating assets.
- We had a drop in occupancy and sales last year due to the pandemic.
- Despite the pandemic, we continued to receive guests and were awarded the certificate of excellence from TripAdvisor.
- Buyer will have to renovate the hotel and add certain amenities like a swimming pool to upgrade the hotel to 3/4 star status.
Products & Services Overview
Fully functional hotel with 20 rooms, a conference hall, onsite restaurant, a bar, lounge, and balcony with a fantastic view of Mount Kilimanjaro.
Assets Overview
Registered legal entity, hotel building, land of 3,975 sq. m. area.
Facilities Overview
Building with two floors and 14 rooms, 6 single rooms attached to the main building with a private restaurant.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysOwner, Hospitals, Dubai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, IT, Ahmedabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Business Services, Bangalore, Individual Investor / Buyer connected with the Business
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