Advert ID:3051 / Type:Business For Sale / Sector:Hotels / Location:Marrakech

Hotel and Shell Station For Sale in North Marrakech

Opportunity Summary

Please visit Located in a tourisity area about 100 miles north of Marrakech in the Atlas Mountain (City of Azilal) this area is popular for Morroco's most beautiful Cascade (Ouzoud) and lakes, cycling tracks, fishing, shooting and mountaineering, walking are some of the popular activities in the area.

Due to retirement, the onwer is selling this free hold business which presents a rare and an excellent opportunity for Europeans seeking to acquire an established profitable business in morocco, with potentials to further increase profits through addition of a BAR, swimming pool and direct tourism marketing in EU.The business accounts (revenues, operating profit since 1981 etc...) can be audited and verified before the sale. A registered sales agency (UK based can be arranged) and solicitors will be used to ensure safe and legal transfer of business to the potential new owner.

Years Established:: Hotel and station at hoteltanout.com established in 1981, Hotel extended in 1998 and refurbished in 2004. Petrol station extended in 2004.

Property Details:: The hotel establishement built over 3 floors + Terrace. comprises of 37 en-suite rooms (10 air-conditioned), 2 Restaurants, Lounge, Conference Room built in 500sq mter per floor. The Hotel has a back plot of 3100sq meter with plans for swimming pool and gardens. The petrol Station has a 500sq meter forecourt with 5 fuel Dispencers, Shop, car wash with automated car elevator and one garage service. The sale also incldue a newly built Villa (completed 2008) 300 sq meter ( 2 fllor + terrace)

Sales Revenue:: Combined sales Revenue (Hotel + Station) exceedes 12.000.000,00DH (equivalent to £880.000.00) per annum

Net Profit:: Over £4,500.00 per month equivalent

Asking Price:: £900.000.00 UK Sterling pounds(equivalent to 130.000.000.00 DH

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