Profitable Hotel for Sale in Sharjah, United Arab Emirates
For Sale: High standard and profitable hotel business opportunity at a reasonable rate in Sharjah.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 540 thousand |
| Run Rate Sales | USD 560 thousand |
| EBITDA Margin | 40 % |
| Industries | Hotels |
| Locations | Sharjah |
| Local Time | 1:30 PM Asia / Dubai |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
410 thousand
(Native Currency: AED 1,500,000)
Reason: - We have huge demand but unable to manage the business due to family issues in the home country (In...
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Includes physical assets worth
USD
410 thousand
Interested to connect with advisors
Documents
Trade License
(38.6 KB)
Business Overview
- Profitably running hotel with apartments, restaurant, party hall, gym, spa, sauna, steam room and swimming pool.
- Hotel has 40 one BHK apartments and the party hall can accommodate 100 chairs.
- Located close to the ocean and on the main road, this hotel in one of the best hotspots.
- Average occupancy rate is 85-95%.
- Business is registered on every reputed 3rd party online portals.
- Have plenty of parking space available on the property.
- Hotel has 40 one BHK apartments and the party hall can accommodate 100 chairs.
- Located close to the ocean and on the main road, this hotel in one of the best hotspots.
- Average occupancy rate is 85-95%.
- Business is registered on every reputed 3rd party online portals.
- Have plenty of parking space available on the property.
Products & Services Overview
Hotel with 40 one BHK apartments, 2 shops, big family restaurant, party hall for 100 seats, gym, spa, sauna, steam and swimming pool.
Assets Overview
Trade license, furniture and fixtures, TV, AC, interiors, gym equipment and other electronics.
Facilities Overview
Rented building with ground floor, mezzanine and 8 floors.Yearly rent is AED 800 thousand and the contract is for 5+5 years with an option for extension.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysPartner, Industrial Gases, Pune, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Payment Services, Sharjah, Individual Investor / Buyer connected with the Business
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