13 Bedroom Apartment Hotel

Sales and revenue analysis

13 bedroom apartment hotel
For sale.

Title: governor consent:

Size: 662 square metre.

The net price: 245m

Rooms: 13
4 Gold rooms @ 20k/night total: 80,000
3 Platinum rooms @ 25k/night total: 75,000
3 Platinum plus rooms @ 30k/night total: 90,000
2 President duplex style @ 60k/night total: 120,000
1 annex bed room and living room serviced apartment @ 40k/night total: 40,000

Total on rooms daily: 405,000
Total for the month considering full house daily: 12,150,000

Monthly Bar average net sales: 900,000

Monthly Kitchen average net sales: 850,000

Monthly (pool lounge and lounge) rental: 350,000

Grand Total monthly: 14,250,000
Annual: 171,000,000
Worst case scenario: 90,000,000

Note: room rates has increased by 25% so worst case scenario would be around 110,000,000 annually and full house is 210,000,000 annually

Facility: fully equipped guest rooms, gym, indoor swimming pool, pool lounge sitting/eating area and aquarium lounge.

We have two brand new generators.

Location: the location road may look bad at the moment just like few lekki roads are but chevron are working on it this year and we believe would be a great asset to who ever is interested.