Solid Profitable Boutique Hotel Business In Great Location

Here is a fantastic opportunity to buy a highly profitable popular hotel, at a Prime Location in the heart of lekki phase 1,lagos Nigeria .

It a 26 Room hotel For Sale By the owner outrightly.

It Includes 26 Guest Rooms + outdoor bar, Lobby, Outdoor Pool, Breakfast room, Conference room, and Parking lot.

It a state of the art classic 2 storey building.

The rooms are classified into
small rooms
medium rooms and
large rooms.

Potential Annual Revenue for a small room is =9,000,000 +(nine million naira plus)$20,000 dollars per small room.
Based on 25,000 naira/nightly rate.

The payback period for this investment is 6 years and 5 months.

Last Renovated in 2020 with new door Locks, AC, modern bathrooms,and best interior furnishings.

Real Estate information:
the entire Real estate building, furniture's and fixtures are Included in the sale.

More than 700 cars drive- bye daily along the street on which the hotel is located.

Premises Details:
The Hotel sits in a 1,500sqm corner piece land at a busy street intersection.

Size in square metres:
approximately 1,500 sqms.

business operations:
Expansion Potential: the profit centres can be expanded to increase more revenue.

Competition / Market:
No competition for this kind of hotel
due to its standard in all directions. Due to recent renovations and developments occupancy rates continue to increase Despite the covid 19 virus.

Reasons for selling:
The owner is relocating.

Trading hours:
24/7 operation since its a hotel. limited opening hours is possible but not recommended since it is a hotel.

Employees:
the workforce is within 20 to 50 staff strength.

Years established:
The hotel have a rich history,spanning over 12 years in existence,with solid customer base that patronise the business all year round due to it reputable brand.

It a quick start for you if you are thinking of venturing into the hotel business and diversifying your investment, by leveraging on the existing customer base, you start making money from day one,than starting a new hotel from scratch.

It is a hands-down favorite among local residents, out of state customers and international business moguls that frequent the hotel during their stay here on the island.They have a very loyal following.

The Company generate millions of naira in revenue monthly.

It consistently generate margins over 50% yearly.

Asking Price:
900,000,000 million naira only.
($2million dollars).
land,building,Furnitures / Fixtures included in the sale.

sales revenue is in millions of naira per week.

This impressive hotel had strong sales throughout Covid 19 0utbreak and is now selling more rooms than ever Currently.

it is close to prominent companies headquarters, medical facilities, shopping malls, restaurants, cinemas,event centres.

and it a 5 minutes drive to the financial power house of lagos and world of corporate organisations here in lekki.

This is a rare passive investment opportunity in an affluent neighborhood of lekki, top branded boutique hotel, fully renovated to the fine standards of a luxury hotel.

profitable hotel with real estate and secured revenue near corporate headquarters.
solid revenue,Great location in lekki,Great interior designs and furnishings, well maintained and profitable.

you can't afford to miss this opportunity to invest in a rare gem cash cow money spinning business opportunity.

This is exactly what you have been looking for!!!

stop the search and call Michael now on 0-8-0-8-4-6-0-1-1-9-3 to enquire about this great offer and buy it now.

Note:To enquire, you will need to complete a non disclosure agreement and a Buyer Consent Form before inspections.

call Michael now on 0-8-0-8-4-6-0-1-1-9-3 to get the form and book an inspection today.

call him now 08084601193.He is waiting for your.