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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.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 20 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 20 %
Industries Hotels
Locations  Kilimanjaro
Local Time 2:40 PM Africa / Khartoum
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 350 thousand (Native Currency: TZS 900,000,000)
Reason: The owner wants to focus on another business.
Includes physical assets worth USD 350 thousand
Interested to connect with advisors
Documents
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.

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
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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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