Sell HOTEL FOR SALE _3/4 STARS_Dubai_UAE

HOTEL FOR SALE _3/4 STARS_Dubai_UAE You May Also Be Interested In: 3 stars
3 Stars Hotel
Location main Road deira Dubai
Building ; G+ 5 floors 4 years old Building
Land Area ' 13,700 sq ft
Built up area , more 95 ,000 sq ft
Letting rooms ; 136
Outlets 07

3 Stars Hotel - DULF

PROJECTED REVENUE & EXPENSES( 136 rooms $7Outlets)

ROOMS REV. JAN FEB MAR APR MAY JUN JULY AUG SEP
% OF OCC. 90% 90% 90% 80% 70% 70% 70% 70% 75%
NORO 122 122 122 109 95 95 95 95 102
ARR 450 450 450 350 220 220 220 220 220
Total Room Rev. 1,701,900 1,537,200 1,701,900 1,182,650 647,900 627,000 647,900 647,900 695,640
Taxable Income 1,418,250 1,281,000 1,418,250 985,542 539,917 522,500 539,917 539,917 579,700
Less 10% MT 141,825 128,100 141,825 98,554 53,992 52,250 53,992 53,992 57,970
Rev A T 1,560,075 1,409,100 1,560,075 1,084,096 593,908 574,750 593,908 593,908 637,670
Less OC 30% 468,023 422,730 468,023 325,229 178,173 172,425 178,173 178,173 191,301
Nt Room Rev. 1,092,053 986,370 1,092,053 758,867 415,736 402,325 415,736 415,736 446,369

F&B SALES Projected Sale 7 Outlets= 10,000,000/ - Operating Cost 30% -Tax & Others 10% =(10 million-4 million =6 million)

GOP 14,385,774.8 % OF OCC= Percentage of Occupancy OC =
Rent - NORO= Number of Rooms Occupied GOP=
Lic + Sponsor (300,000.0) ARR= Average Room Rate
Staff Salaries (1,200,000.0) M T= Muincipality Tax Note: All figures are in AED.
Others (Misc. ) (300,000.0) Rev A T = Revenue After Tax
Net Profit 12,585,774.8


Asking Price US$ 25.8 Millions