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Newly Established Hotel for Sale in Duqm, Oman

Newly built 2-star hotel in Duqm with rental income, expansion potential, and prime central location.

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
Overall Rating
Full Sale
Asking Price: USD 910 thousand (Native Currency: OMR 350,000)
Reason: Owner wants to sell the hotel because the current operator tenant is delaying payments.
Includes physical assets worth USD 910 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Newly built 2-star hotel for sale in Duqm, offering a comfortable stay in a prime location.
- 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.
Products & Services Overview
- Hotel accommodation through 20 rooms and 3 suites, all with attached bathrooms, along with on-site services including a restaurant, specialty coffee shop, laundry, housekeeping, and 24-hour reception, catering primarily to travelers, business visitors, and tourists in Duqm.
- Offers short- and medium-term stays, while also utilizing the dining, hospitality, and support services.
Assets Overview
Physical assets include land (OMR 180,000), building construction (OMR 120,000), elevator setup (OMR 20,000), and furniture & fixtures (OMR 30,000).
Facilities Overview
The hotel is built on an owned 3,046 sqm plot, with a built-up area of 1,164 sqm. It is currently operating across three floors and is designed for future expansion up to five floors. Current facilities include 20 guest rooms and 3 suites, an elevator, a restaurant, a specialty coffee shop, a laundry area, a 24-hour reception, two prayer halls, public toilets, a parking area, and landscaped outdoor space.
Capitalization Overview
Self-funded.
No outstanding loans or liabilities.
There is 1 owner in the property.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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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