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Hotel Seeking Loan in Dubai, United Arab Emirates

Chain of 3 hotels that has an occupancy rate of 80% located in Dubai.
This Business is on a Premium Plan
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
Overall Rating
Seeking Loan
USD 410 thousand for 15.0% annual interest, 1 year (Native Currency: AED 1,500,000)
Reason: The hospitality group is seeking to expand business in other sectors. This is the minimum loan amoun... View More
Collateral Available: USD 1.36 million
Includes physical assets worth USD 8.2 million
Interested to connect with advisors
Documents
Business Overview
- Invest in a reliable, respectable, and profitable hospitality, f&b group operating several 4-star, 3-star hotels in Dubai.
- 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.
Products & Services Overview
The business consists of 3 hotels with adjoining spas and restaurants.
Assets Overview
The business owns all the furniture and amenities inside its 3 hotels.
Facilities Overview
The property has 10 floors and 6 nightclubs which are under lease. The hotel also has one spa along with a restaurant.
There are 3 main hotels for which the rent is AED 2.5M, AED 5M, and AED 6.5M.
Capitalization Overview
- The business is funded directly by the owners.
- It has a single owner with complete control of the business activities.
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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