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Profitable Restaurant, Hotel And Bar In Zanzibar For Sale

Zanzibar, Tanzania
Asking Price:
$155,000 (USD)
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

Restaurant & Bar and Hotel is for sale with up and running and fully equipped.

Hotel with 6 rooms each (fully equipped with AC)

Restaurant on the Nungwi beach Fully Equipped (+120 people capacity)

All tax clean papers available for the company

All properties are on lease which means sale price is for the company that holds lease contracts. After handing over you will continue paying monthly rental fee to the landlords.

Property Information

Real Estate:

Lease

Lease Terms:

5+5 years contract, starting year is 2018

Living Accommodation:

Living accommodation possibility in the hotel

Location:

Restaurant & Bar located on Nungwi Beach
Hotel is located 100m away from the Beach

Premises Details:

-Restaurant premises are right on the beach of Nungwi
-Hotel is not together with restaurant and on different location which is 150m away from the Restaurant.

Business Operation

Expansion Potential:

There is a big potential on restaurant since the area is spacious. To build rooms is a possibility.

Competition / Market:

There are several restaurants nearby. Nungwi is the busiest beach on Zanzibar

Reasons for selling:

Family health issues, owner needs to go back to his country

Trading hours:

365 days

Employees:
9
Years established:
2018

Other Information

Support & training:

Support will be given during handover period

Website:
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Contact Information

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