Hotel for Sale in Riyadh, Saudi Arabia
Hotel business from Riyadh with 2 operational buildings for full sale.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 900 thousand - 1 million |
| Run Rate Sales | USD 960 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Hotels |
| Locations | Riyadh |
| Local Time | 4:26 AM Asia / Riyadh |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.6 million
(Native Currency: SAR 6,000,000)
Reason: Exiting to change business field.
Includes physical assets worth
USD
1.6 million
Interested to connect with advisors
Business Overview
The company boasts a proven track record of high occupancy rates, a large base of loyal clients, and excellent accounts in international hospitality and accommodation programs. It also owns two leased buildings with long-term contracts, furnished with high-quality furniture and modern equipment, and staffed by highly skilled employees committed to quality work. The company holds all necessary official licenses to operate in this field, including licenses for the leased buildings, and all licenses are in the company's name and valid.
Products & Services Overview
- Hotel accommodation catering to business travelers, tourists, and long-stay guests.- Primary clientele includes domestic and international travelers seeking mid-scale to premium stays in Riyadh.
Assets Overview
The tangible assets include:-Furniture and infrastructure spread across 2 buildings.
Intangible assets include:
Brand value, valid operating licenses, and company registration.
Facilities Overview
The company owns two fully operational buildings, comprising 80 rooms and residential units, all operating at a high level of efficiency. It employs 13 staff members to serve the facilities and guests, and utilizes advanced computer systems equipped with excellent hospitality management software. These systems are integrated with international hospitality management software and operate seamlessly, earning the company high ratings and a prime, highly sought-after location in the heart of Riyadh.
Capitalization Overview
The business is owned by 3 partners We are ready to exit the company if we find a serious buyer and a good offer.There are no debts in the business.
Recent Activity
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Earlier than 15 daysManaging Director, Shipping And Logistic Services, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysConsultant, Consulting Services, Riyadh, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Head, Banking, Riyadh, Individual Investor / Buyer connected with the Business
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