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Hotels For Sale And Lease
Location: Egypt -> Hurghada
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

300 rooms hotel located in Hurghada
Beachfront area: 15000m2 +11000m2
Beach front: 153m2
Yacht Marina: 30 yachts (up to 60m)
6 store
283 rooms
10 suites
20 executive suites
35 hotel apts (12 one bdr, 23 two bdr)
2 swimming pools (heated-normal)
2 tennis courts
2 squash courts
400m2 Gym
5 office bldgs
Housing for 350 employees in the hotel premises
Parking lot
2 buses x 21 seats
Gm car
Van
Pick up truck
Water treatment station
2 main water lines
Generator 0.5 mega for emergency
Maintenance and renovations 5% annually
Minimum average occupancy for the last 5 years is 85%
$10,000,000 turnover , PRICE 89 MILLION $
400 rooms golf resort located in one of the most prestigious location of the red sea, $50 million including the golf course.
Hotel for rent in Hurghada.

Please call us to have any other information we have several kinds of hotel for sale or rent operating or still under construction. telephone number 002 0100 848 3008.


Financials

Asking Price Range:  $20.0M - $35.0M
Gross Revenues:   $10,000,000
Cash Flow:   $10,000,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  > 200
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

Photos

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Hotels For Sale And Lease Photo 1




Print Listing Id: 700196233
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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