Full Outlets Of Hotel For Sale

Description

2 Star Hotel in Deira, Dubai (112 Rooms)A fully operational hospitality asset available for sale with complete F&B rights under a 5-year contract, renewable every 5 years.Running Outlet Details:• Ethiopian Restaurant & Lounge (12:00 PM to 3:00 AM) - approx. 1,000 sqft• South Indian Restaurant & Lounge with 80 PAX seating capacity (12:00 PM to 3:00 AM) - approx. 1,800 sqft• 24/7 Room Service operations• Pool Bar Lounge (10:00 AM to 3:00 AM)• Fully equipped main kitchen - approx. 1,500 sqft• 2 spa outlets operating 24/7Staff and Operational Setup:• 8 staff visas availableFinancials:• Annual rent: AED 1,000,000 (payable monthly)• Daily sales: approximately AED 15,000Sale Includes:• Full operational setup• Furniture, lighting, equipment and sound system• Bar setup and associated assets• Trade license• Bank account• Staff visasAsking Price:• Key money: AED 1,200,000 (negotiable)