A Large operational and hugely profitable Holiday Homes Business looking to sell 50% ownership.
Reason – The owner need cash funding .
The company is 5 + years old , has all the setup ready and actively running as a largely profitable business .
Net Average profits – 55 – 60 k per months and can be proven point by point to only who is a genuine buyer .
Features
Marina , JBR , JLT , JVC ( Properties)
Total 11 apartments / 51 rooms
Lease until 2026 + Renewal at 5% increment as per contract .
Fully operational with license + Assets
Virtual Office set up
3 Staffs + Manager
Revenue: 2.1 M per annum
Master rent: 1.025 M per annum
Costs: 340 K per annum
Profit: 745 k per annum
Asking price: 790k AED
No Day dreamer or time wasters please and also no foul offers as we are really not in rush to sell off the business .
Agents welcome.
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