Hotel Seeking Loan in Ajman, United Arab Emirates
Fully furnished hotel apartments in Ajman-UAE with 28 apartments seeks a loan.
This transaction has concluded.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 300 - 400 thousand |
| Run Rate Sales | USD 323 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Hotels |
| Locations | Ajman |
| Local Time | 9:18 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
82 thousand
for
10.0%
annual interest,
3
years
(Native Currency: AED 300,000)
Reason: One of the partners wishes to invest in his other business and requesting for his shares to refund.
Collateral Available: USD 0
Includes physical assets worth
USD
79 thousand
Interested to connect with advisors
Documents
Trade and Tourism License
(252.8 KB)
Business Overview
- Highly recommended furnished apartments in Ajman.
- Just 2 minutes of walking distance to the Ajman Corniche /Ajman Beach.
- The facility has 28 apartments.
- Our occupancy rate is 85.72%.
- We have corporate clients, online bookings, and walking clients.
- Just 2 minutes of walking distance to the Ajman Corniche /Ajman Beach.
- The facility has 28 apartments.
- Our occupancy rate is 85.72%.
- We have corporate clients, online bookings, and walking clients.
Products & Services Overview
We are a hotel in Ajman, with 28 apartments, a cafe, spa, and a restaurant.
Assets Overview
Physical assets include the interiors of the spa, the cafe/restaurant area, and all the furniture and electric equipment in the building.
Facilities Overview
The facility is leased for 3 years and extendable for more than 10 years. The hotel has 28 fully furnished apartments the total size of the land is 2,255.47 sq ft.
Capitalization Overview
There are 2 partners and 1 local as a sponsor with a stake of 51%, 25%, and 24%. There are no loans and the company is funded by saving previous employment and operational income.
Recent Activity
-
Earlier than 15 daysDirector, Technology - ERP Solutions, Halifax, Individual Investor / Buyer connected with the Business
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