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Holiday Homes Business for Sale!!!!!!
Contact Info
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Business Synopsis
Asking Price
6,000,000 AED
Annual Turnover
Available on Request
Annual Net Profit
Available on Request
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
Contact Info
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