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Resort for Sale in Marsa Alam, Egypt

For Sale: 4 star deluxe beach resort along with a large attached vacant plot.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 4 million
Run Rate Sales USD 5.4 million
EBITDA Margin 10 %
Industries Resorts
Locations  Marsa Alam
Local Time 3:30 AM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 40 million (Native Currency: USD 40,000,000)
Reason: Change in industry as we plan to focus on residential real estate construction.
Includes physical assets worth USD 40 million
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Business Overview

Company owns a touristic beachfront project (total land size: 240,000 sq mt) on the Red Sea coast of Egypt and we are interested in selling the below:

Phase 1: Resort on 60,000 sq mt area.

- 4-star deluxe resort with 204 rooms that is operating for the last 10 years with tourist from European countries.

- The resort is temporarily vacant due to COVID-19. Prior to the pandemic, the resort used to operate at 80% occupancy rate.

Phase 2: Vacant plot of 180,000 sq mt (not commissioned)

- Have a vacant plot of 180,000 sq mt attached to the resort. The plot is licensed to construct summer houses, hotels, serviced apartments.

- Permitted / allowed built up area (BUA) is only 20% of the total plot area and the permitted building height is G+2.

- We have prepared a project report which can be shared upon request.

Company is registered in Egypt and full sale will include the resort, vacant plot and the legal entity of the company. Director is currently based in UK.

Products & Services Overview

- 4-star resort with 204 rooms.

- Vacant plot of 180,000 sq mt.

Assets Overview

Resort with 204 rooms, furniture & fixture. Assets also include the attached vacant land.

Facilities Overview

Company owned land of 240,000 sq mt.

- Resort: The resort is constructed on 60,000 sq mt land.

- Vacant plot: The vacant plot size is 180,000 sq mt.

Recent Activity
  • Earlier than 15 days
    Managing Partner, Ahmedabad, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, London, Commercial Real Estate Broker connected with the Business
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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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