Newly Established Hotel for Sale in Duqm, Oman
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | USD 125 thousand |
| EBITDA Margin | Nil |
| Industries | Hotels |
| Locations | Duqm |
| Local Time | 1:54 PM Asia / Muscat |
| Listed By | Business Owner / Director |
| Status | Recently Active |
- The hotel was constructed approximately one year ago and has been operational for the past 6–7 months, with the initial 4–5 months dedicated to marketing and setup.
- The property is currently leased to an operator to run the hotel generating us OMR 4,000 per month in rent; however, due to irregular payments, we intend to terminate the agreement and proceed with a full sale, presenting a strong investment opportunity with future growth potential.
- Built on a 3,046 sqm plot with a built-up area of 1,164 sqm, currently spread across 3 floors with the potential for expansion up to 5 floors.
- The property features 20 guest rooms and 3 suites (23 units in total), all with attached bathrooms, along with an elevator for easy access.
- Facilities include a restaurant, a specialty coffee shop, laundry and housekeeping services, a 24-hour reception, two prayer halls, public toilets, parking, landscaped outdoor space, central heating, strong water pressure, and air conditioning.
- Average occupancy rate ranges between 70% and 85%, with peak season occurring from June to August.
- The hotel holds a valid commercial registration and operating permit, making it ready for immediate takeover.
- Strategically located in the center of Duqm, behind the bowling center and near the bus station, with close proximity to a Shell petrol pump, local market, ATMs, telecom outlets, money exchange services, and restaurants.
- Offers short- and medium-term stays, while also utilizing the dining, hospitality, and support services.
No outstanding loans or liabilities.
There is 1 owner in the property.