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Luxury Hotel Seeking Loan in Tartus‎, Syria

Luxury five star sea resort having 121 rooms and a yearly occupancy rate of 74%.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Other
Reported Sales USD 1.4 million
Run Rate Sales USD 1.6 million
EBITDA Margin 30 - 40 %
Industries Luxury Hotels + 1 more
Locations  Tartus‎
Local Time 8:28 AM Asia / Beirut
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.4 million for 15.0% annual interest, 4 years (Native Currency: USD 1,400,000)
Reason: Seeking funds to construct extra 45 new rooms which will be completed in two years and full maintena... View More
Collateral Available: USD 8 million
Includes physical assets worth USD 45 million
Interested to connect with advisors
Documents
Business Overview
- Luxury five star resort with 121 rooms, suites & royal suites with private terraces located in Downtown city.
- Resort has 4 restaurants, 3 Cafes, one beach lounge, one chocolate shop, one grocery small Shop and five retail Shops including Polo & Cacharel brands.
- Occupancy rate is 74% throughout the year.
- UN organisations have yearly contract with hotel renting 32 rooms & parking Area. All UN security measures are applied.
- We are constructing 136 luxury serviced apartments inside the resort which would be ready in two years.
- It is 1.5 km sea frontier on Syrian coast, the largest touristic project in the country.
- We conduct yearly summer festivals, weddings and conferences.
- We have a conference hall which can accommodate 400 guests. Have conducted more than 150 Conferences in the past five years for NGOs, UN agencies, Aga Khan Organisations, Banks, Medical Companies, Caritas, Red Cross.
- Seeking funds to construct extra 45 new rooms which will completed in 2 years. This would be the finishing phase.
Products & Services Overview
Hotel, Resort, Restaurants, Coffee Shops, Retail Fashion Shops, Events Management, UN contractor, Leasing, Weddings, Conferences, Beach Parties.
Facilities Overview
Owned 24,000 Square Mt built up area with 7 buildings each consisting of two floors with 121 rooms all together. Beach Bay and all restaurants and cafes are on Sea view terrace.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Senior Consultant, Gurgaon, Financial Consultant connected with the Business
  • Earlier than 15 days
    Manager, Dubai, Financial Advisor connected with the Business
  • Earlier than 15 days
    Business Consultant, Cape Town, Business Broker connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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