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Holiday Homes Business for Sale!!!!!!

Ref No- AE01326612
Subsector Hotel Apartments
Asking Price AED 6,000,000
Documents Not listed
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Business Synopsis
Asking Price
Asking Price
AED 6,000,000
Annual Turnover
Annual Turnover
Available on Request
Annual Net Profit
Annual Net Profit
Available on Request
Audit Report
Audit Report
Not Applicable
About the Business

7 Million revenue with a 30% net profit that can be expected to grow in access of 14 million with a 50% net margin within 24 months with only working capital and no further investment. The company is VAT and Corporate Tax compliant. Management accounts available. Handover shall be 3 months post sale for a smooth transition.

The company has assets of 1 million in cash deposits and furniture.

All units are on long leases since 2018 and owners cannot create a problem with management change because its a company not an individual they deal with. Min time for an eviciton on a unit is 12 months which gives plenty of time to acquire a replacement of equal or greater value.

 

Amenities / Key Features
  • Loyal Customer Base
  • Established Business
  • Prime Location
Location

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BIZQUARTZ does not conduct due diligence or verify the accuracy of any business listing, advertisement, or seller information.
Users are solely responsible for conducting their own verification and due diligence before any business transaction.
BIZQUARTZ shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from reliance on the listings, advertisements, or business transactions.

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