• Profitable Holiday Homes business for sale in Dubai

Profitable Holiday Homes business for sale in Dubai

Marina, Dubai, UAE

790,000AED

What are the Opportunities for a new owner : 100% occupancy and 3 staff.

Description

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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Location

Marina, Dubai, UAE
Safety tips for deal
  1. Always meet face to face to finalize the deal.
  2. Transfer of Business requires to check all legal Documentation.
  3. Beware of unrealistic offers.
  4. Please report any suspecious activities.
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