Hotel Seeking Loan in Dubai, United Arab Emirates
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 6.5 million |
| Run Rate Sales | USD 4.9 million |
| EBITDA Margin | 20 % |
| Industries | Hotels |
| Locations | Dubai |
| Local Time | 12:32 PM Asia / Dubai |
| Listed By | Advisor / Business Broker |
| Status | Active |
- Looking for investors who could invest a minimum of AED 1.5 million in their new 3-star hotel investment with a guaranteed yearly return of 15%.
- Also, the principal amount would be paid monthly by the company.
- The amount raised from investors would be invested by the hospitality management group in the expansion of several hotels in Dubai.
- At present, the hospitality management group is handling assets worth AED 125 Million and generates a yearly revenue of AED 25 Million.
- This hotel is under the management of a famous hospitality group that operates three hotels at present in the heart of Dubai.
- The sales have reduced because of the summer season, and it is expected to pick up.
- The business can pay such high interest because of its goodwill and profitability.
- The occupancy rate of the hotel is around 80% to 100%
- The minimum charge for a night's stay in any of the hotels is around AED 200.
- Business hires contract employees for its daily operations.
There are 3 main hotels for which the rent is AED 2.5M, AED 5M, and AED 6.5M.
- It has a single owner with complete control of the business activities.
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Earlier than 15 daysEngineer, Government Administration, Doha, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysRegional Business Head, Bank, Islamabad, Individual Investor / Buyer connected with the Business