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Profitable Hotel for Sale in Sharjah, United Arab Emirates

For Sale: High standard and profitable hotel business opportunity at a reasonable rate in Sharjah.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 540 thousand
Run Rate Sales USD 560 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Sharjah
Local Time 6:02 AM Asia / Dubai
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: AED 1,500,000)
Reason: - We have huge demand but unable to manage the business due to family issues in the home country (In... View More
Includes physical assets worth USD 400 thousand
Interested to connect with advisors
Documents
Trade License
Business Overview

- Profitably running hotel with apartments, restaurant, party hall, gym, spa, sauna, steam room and swimming pool.

- Hotel has 40 one BHK apartments and the party hall can accommodate 100 chairs.

- Located close to the ocean and on the main road, this hotel in one of the best hotspots.

- Average occupancy rate is 85-95%.

- Business is registered on every reputed 3rd party online portals.

- Have plenty of parking space available on the property.

Products & Services Overview

Hotel with 40 one BHK apartments, 2 shops, big family restaurant, party hall for 100 seats, gym, spa, sauna, steam and swimming pool.

Assets Overview

Trade license, furniture and fixtures, TV, AC, interiors, gym equipment and other electronics.

Facilities Overview

Rented building with ground floor, mezzanine and 8 floors.

Yearly rent is AED 800 thousand and the contract is for 5+5 years with an option for extension.

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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