Hotel for Sale in Muscat, Oman
For sale: 4-star hotel near airport with 70+ rooms and corporate tie-ups with major airlines.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 26 million |
| Run Rate Sales | USD 940 thousand |
| EBITDA Margin | 10 % |
| Industries | Hotels |
| Locations | Muscat |
| Local Time | 2:51 AM Asia / Muscat |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
14.3 million
(Native Currency: OMR 5,500,000)
Reason: The hotel owners wish to concentrate on another venture.
Includes physical assets worth
USD
14.3 million
Interested to connect with advisors
Documents
Company Registration
(446.6 KB)
Business Overview
- Business operates a 4-star ten storied airport business hotel.
- Hotel has a built-up floor area of about 8,000 sq. m with 70+ rooms.
- Have amenities like a gymnasium, bar, restaurant, and spa.
- Hotel is built on a land parcel of 2,000 sq. m.
- Staff consists of 80+ highly experienced professionals.
- We have corporate tie-ups with all major airlines.
- Buyer will get the legal entity, land, and hotel building with all its assets.
- Reported sales of OMR 10 million are pre-Covid figures.
- The hotel was not operating last year due to the 4-month long lockdown in Oman.
- We suffered a huge drop in sales due to the slowdown in the tourism and aviation sector.
- Hotel has a built-up floor area of about 8,000 sq. m with 70+ rooms.
- Have amenities like a gymnasium, bar, restaurant, and spa.
- Hotel is built on a land parcel of 2,000 sq. m.
- Staff consists of 80+ highly experienced professionals.
- We have corporate tie-ups with all major airlines.
- Buyer will get the legal entity, land, and hotel building with all its assets.
- Reported sales of OMR 10 million are pre-Covid figures.
- The hotel was not operating last year due to the 4-month long lockdown in Oman.
- We suffered a huge drop in sales due to the slowdown in the tourism and aviation sector.
Products & Services Overview
4-star hotel, 70+ rooms, specialty restaurant, spa, gymnasium, pool cafe, bar, and shisha cafe.
Assets Overview
2,000 sq. m. land is worth OMR 700,000 and the hotel building is worth OMR 4.8 million.All the assets owned by the hotel will be transferred as well.
Facilities Overview
10-floor hotel with a built-up floor area of 8,000 sq. m.The land and the building are owned by us.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysChairman, Fahud, Financial Consultant connected with the Business
-
Earlier than 15 daysOperation Manager, Tourism & Hospitality, Muscat, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, Mumbai, Accounting Firm connected with the Business
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