Business Opportunity

This fully authorised, titled Riad is a great business opportunity. It takes in over £100k per year and is now for sale at only 5.4m dirhams (E499k £425k). It’s an eleven en-suite room 3* riad in a brilliant location.

 

Situated in Riad Zitoune Jdid, close to a public car-park and all the major attractions of the Medina, this busy Guesthouse has a fantastic reputation. The Italian owners want to sell and they’re prepared to cut a deal. It’s a good 3* hotel in the perfect position, with lots of advance bookings and top ratings on TripAdvisor, Booking and Expedia. With 11 en-suite rooms the potential is tremendous.

 

 

The titled property is a really good deal at this price. The owners want to sell. Usually, a Riad of this commercial quality would sell for 20% more, so grab this one while you can. All the accounts are available for due diligence and the business is clean and profitable. I know the owners well and can vouch for them. It’s a hot deal.

 

As a running business, this is a good one. You can hit the ground running from day 1. There are certainly things that could be improved, like the furniture and the deco, yet this one floats immediately. If you’re looking for rapid income on your investment and plenty of advance bookings … this Riad is for you.

 

Call me now on 00212658025028 to arrange a viewing and a meeting with the owners. You can look at the accounts and the bookings. The income on this totally functional guesthouse will cover your investment in 3 years.This will sell.

 

Bosworth Property Marrakech – your trusted Medina property consultant. Finding you the best deals on the property market in Marrakech.