Full Outlets Of Hotel For Sale

Description

2 Star Hotel for Sale in Deira, Dubai

Operating 2-star hotel in Deira, Dubai with 112 rooms.

The sale includes the current hospitality setup together with F&B rights under a 5-year contract. The contract can be renewed for further 5-year periods.

Current Outlets

• Ethiopian Restaurant & Lounge: approximately 1,000 sq ft, open from 12:00 PM to 3:00 AM
• South Indian Restaurant & Lounge: around 1,800 sq ft with 80 seats. Trading hours are 12:00 PM to 3:00 AM
• Room service: operating 24 hours
• Pool Bar Lounge: open from 10:00 AM to 3:00 AM
• Main kitchen: approximately 1,500 sq ft and fully equipped
• Spa outlets: 2 outlets operating 24 hours

Staff and Operations

The current setup includes 8 available staff visas.

Financials

• Annual rent: AED 1,000,000
• Rent payment: monthly
• Daily sales: approximately AED 15,000

What Is Included

• Full operating setup
• Furniture
• Lighting
• Equipment
• Sound system
• Bar setup and related assets
• Trade licence
• Bank account
• 8 staff visas

Asking Price

Key money: AED 1,200,000

The seller states that the key money is negotiable.

Further Information

Further details are available from the seller on request.