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Hotel for Sale in Gurue, Mozambique

Prime location hotel surrounded by tea estates, boasting 14 rooms and 70% occupancy, for sale.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 300 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Gurue
Local Time 8:26 PM Africa / Addis Ababa
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.2 million (Native Currency: USD 1,200,000)
Reason: Retirement of the main shareholder and no successors within the family.
Includes physical assets worth USD 1.2 million
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Business Overview

1. Popular and established hotel Gurue, Mozambique, catering to both national and international travelers.

2. With a prime location in the bustling city center, it is easily accessible and surrounded by several tea estates, providing a unique and scenic setting for guests.

3. The hotel boasts 14 well-appointed rooms, with a current occupancy rate of 70% and a charge of $45-50 per room, offering a competitive and profitable business model.

4. In addition to full accommodation, City Lodge also offers a restaurant, bar, and 2 shops, providing diverse and convenient services for guests.

5. The hotel also features a large recreation area and meeting space, making it an ideal choice for both leisure and business travelers.

6. With a dedicated team of 15 employees, we have a strong and experienced workforce, ensuring high-quality service and customer satisfaction.

7. We also have a hotel license.

8. Proprietor currently works in Addis Ababa.

Products & Services Overview

14 Rooms for full accommodation, restaurant, 2 shops, recreation area, meeting area, and bar.

Assets Overview

The whole ownership of 3,000 m2 of property, GF+1st floor, including 2 Shops and Restaurant fully furnished, standby Gen Set.

Facilities Overview

3,000 sq m property area in 'Town center, Gurue. Ground floor has a restaurant and 2 shops, first floor has 14 rooms with AC, Backyard Meeting area and Bar.

Capitalization Overview

Profitable ongoing business, Business funded solely by the 4 shareholders / owners of the business, main shareholder 51%, rest divided between 3 (all family), all agree for the full value, no debts, no credits / loans.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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