Hotels For Sale And Lease

Listing ID: 700196233

Listing Title: Hotels For Sale And Lease

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Industry: Hotels and Holiday Accommodation

Industry Segment: Hotels

Country: Egypt

State / Province:


City: Hurghada

Asking Price Range: $20.0M - $35.0M

Gross Revenues: $10,000,000

Cash Flow: $10,000,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2000

Number of Employees: > 200

Business Description:
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.

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