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Red Sea Beachside Hotel With Installment/part-purchase Options For Sale

Dahab, Egypt
Asking Price:
$1,350,000 (USD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (USD)
Cash Flow:
$250K - $500K (USD)

Red Sea Beachside Hotel with Installment/Part-Purchase Options In Egypt

A rare opportunity to purchase an established 'turnkey’ Hotel, located beachside at a major tourist destination on the Egyptian Red Sea Riviera.

Location:

• Located in town center within meters of the beach, close to the famous Lighthouse, Reef, local bazaars, and Dahab’s colorful beach restaurants.

• Surrounded on land by the St Katherine’s, Nabq and Abu Galum National Parks/ Protectorates and 5km from the world famous ‘Blue Hole’ dive site.

• Located one hour from Sharm El Sheikh International Airport.


Construction : 2007

• 16 Rooms, Reception, Pool, Exclusive Beach Area. Laundry, Staff Rooms, 40 Seat Restaurant. Large covered area with panoramic views suitable for yoga/fitness classes or BBQ.

Established Clientele:

• International internet bookings plus a strong middle class domestic market.

• Two successful Dive centers and a Freediving school located within the same complex providing significant numbers of guests annually.

• Excellent location allows significant walk in trade from Dahab’s strong Independent traveler market

Land Area:

• 3 levels set on 800 m2 (8611 ft2) of prime, central, beachfront land : Total Floorspace: 1463 m2 (15,748 ft2)


Tariffs Turnover and Cashflow:

• Existing Hotel Restaurant and rooms produce positive cash flow and NET profit

• Single €46 Double/Twin $66 - Triple $69; Family €108


Licensing

• All operating Licenses held and ready for immediate handover.


Occupancy:

• Approx. 85%-95% year round

Purchase Options- Please contact

A variety of purchase or partnership owners will be considered by the seller.

• Full Sale: Reception, Restaurant, Pool Area, Staff/Access Areas, Rooftop Sun deck, Beach Rights, and 16 Rooms.

• Part Sale: Reception, Restaurant, Pool Area, Staff/Access Areas, Rooftop Sun deck, Beach Rights, and 12 or 14 Rooms

• Initial Down payment and Installments Option


Comment:

We are selling the Boutique Hotel section of our business in order to focus on expanding our diving operation globally. We will remain on site to provide initial training and assistance to the new owners.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Location:

Central on the main promenade amongst Dahab's famous restaurants and cafes, and just meters from the beach and teeming reefs of the Red Sea.

Premises Details:

Beachside, Boutique hotel on three levels.

Size in square feet:
8600 ft2 (15,750 ft2 floorspace)

Business Operation

Expansion Potential:

Increased marketing efforts could have the ability to drive demand above room supply, hence allowing a future owner to increase prices while keeping occupancy high.

Competition / Market:

As with most popular holiday destinations competition exists. To date our Boutique hotel with its outstanding location and excellent levels of service has managed to both match and surpass the main competitor businesses in the market.

Reasons for selling:

Owners wish to concentrate on the Scuba Diving section of their business and expand it globally

Trading hours:

24/7

Employees:
10
Years established:
17

Other Information

Support & training:

The owners main business base will remain in Egypt- and allow assistance and training as required.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Installment plan or part purchase negotiable.

Furniture / Fixtures value:
$30,000 (USD) - included in the asking price
Home based:
This business can be run from home.

Contact Seller

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