Resort Secluded Gardens

Zanzibar, Tanzania Boutique, elegant, charming, private hotel is situated on a 5.9 hectare (approx. 14.5 acres) of land with 177 meters of beach on the shores of the Indian Ocean, own fresh water supply, 18 km from Stone Town, in a very quiet area with no village or other business establishment within 1500 m. It is a flourishing, established, highly rated in the tourism industry, 16th place in Zanzibar on TA, 9.4 rated on Booking, 12 villas, 7 of which large, luxurious, with their own swimming pool with current machinery, private lush access to the garden and beach, patio, gazebo with mosquito net; of which 5 garden villas, finished with an artistic African touch. Large Italian terracotta pool. The internal restaurant has a unique style and quality of food with a nice grill and bar, a library in the eco-gardens with local spices and visiting bushes. The coral reef can be admired straight from its own 100m pier, where you can see several spices of local colorful marine life even swim. The hotel has a traditional boat, with which guests can enjoy the sunset. There is still a huge potential for further development, even without changing much of the infrastructure, which allows for the further construction of new villas. This is a solid and unique business opportunity to be proud of another 5 villas and maintaining the boutique character, with the same infrastructure / utilities and well-trained staff, profits can increase by up to 50%-100%, as such villas are in high demand. The restaurant with a fantastic chef is excellent and can offer an additional opportunity in itself, as well as the possibility of having a small conference center. RATIONAL RALUATION Has achieved high levels of income in recent years (2016-2020): Average annual occupancy: 59%, 71%, 70%, 69% in subsequent years EBIDA: 628th, 460th, 269th, 212th USD with 7 villas priced at 654 USD and 5 villas priced at 336 USD. (Room efficiency reflects occupancy, which can be even higher as customers spend money in the bar, restaurant, excursions, spa).The decrease in EBITDA in recent years was due to the loss of one villa, carrying out major repairs and maintenance works and restructuring of the management. Potential EBIDA for the next 4 years if investing an additional 350 USD for 5 villas - would be 1.4 million USD assuming similar occupancy rates.