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Hotel for Sale in Muscat, Oman

For sale: 4-star hotel near airport with 70+ rooms and corporate tie-ups with major airlines.
This Business is on a 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 900 thousand
EBITDA Margin 10 %
Industries Hotels
Locations  Muscat
Local Time 5:16 PM Asia / Muscat
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 14 million (Native Currency: OMR 5,500,000)
Reason: The hotel owners wish to concentrate on another venture.
Includes physical assets worth USD 14 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
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.

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
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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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