Hotel for Sale in Marrakesh, Morocco
Established | 40-50 year(s) |
Employees | 50 - 100 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1.6 million |
Run Rate Sales | USD 1.9 million |
EBITDA Margin | 40 % |
Industries | Hotels |
Locations | Marrakesh |
Local Time | 2:12 AM Europe / Amsterdam |
Listed By | Advisor / Business Broker |
Status | Active |
- It is just 650 meters from the Sofitel Imperial Palace and 700 meters from Dsquared and Louis Vuitton exclusive stores.
- All major attractions are within walking distance. Echouhada Street, where the hotel is situated, is the most expensive street in Morocco.
- The property has 96 rooms, including 3 suites and 93 standard rooms, with an annual occupancy rate of 94%.
- The hotel is classified as a 3-star property, with potential for upgrade to 4 or 5 stars.
- Amenities include a Moroccan restaurant with a 100-seat capacity and a breakfast restaurant with 50 seats.
- The hotel holds a private limited company status and has an alcohol license, which is difficult to obtain in Morocco, along with all necessary hotel permits.
- The upcoming FIFA Africa Cup will host four matches in the next three months, and Morocco is scheduled to host the FIFA World Cup within the next five years, enhancing tourism prospects.
- The listing is managed by an advisor based in the Netherlands, who can be contacted for inquiries.
- Own land and building.
- Furniture and fixtures.
- Electronic equipment.
Intangible assets:
- Prime property location.
- Established client base.
- Private limited company.
- Alcohol license.
- Hotel permits.
- The land covers a total area of 2,051 sq m and includes a six-floor building, excluding the rooftop restaurant, which is currently not in use.
- The built-up area is 3,690 sq m.
- The hotel has 96 rooms, including 3 suites measuring 32 sq m each, and 93 standard rooms ranging from 16 sq m to 18 sq m.
- Amenities include two swimming pools, one of 33 sq m and the other 24 sq m, as well as parking for 12 cars.
- The property is equipped with two elevators.
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1 day, 13 hours agoCEO, Logistics, Obrenovac, Corporate Investor / Buyer connected with the Business