Back to Top

Add to Shortlist View Shortlist
Receive Email Alerts

Listing ID: 326664

100 Hotel Rooms and an Exclusive Mechanized Farm at a Fantastic Location For Sale


$ 5m & above

Revenue: $ 5m & above

Cash Flow: $ 5m & above

Business Description

CHEERS HOTEL is an edifice spread over 9 plots of land and designed to provide world class accommodation and comfort to a clientele that values serenity, safety and healthy environment, managed by well-trained, dedicated and motivated professionals.
Our facilities include;

 Accommodation of tastefully furnished 110 Guest Rooms comprising Classic, Standard, Standard double, Executive, Deluxe, Galaxy and Business suites. These are tastefully equipped with Plasma TV with satellite channels, Air Conditioners, Hot water system etc.
 The analysis of the 110 rooms goes thus:
 Classic 20
 Standard 14
 Standard Double 15
 Executive 13
 Deluxe 15
 Galaxy 12
 Business Suites 21

Please note that these are 2 buildings, a 3 storey building with 32rooms and also a 7 storey building with 78 rooms.

 Otis Elevator 8passenger (630kg) carrier, installed newly on April 4th , 2012
 2 Homely Restaurant
 A well equipped kitchen
 Laundry with the following equipments: 3 washing machine 50pounds, 1 Electrolux dryer and 1 rolling iron machine, with a few others.

 2 Generating sets namely: (A) Mikano 250KVA (B) Rollsroyce Perkins 450KVA (C) Perkins 50KVA
 An open terrace bar
 A pool bar
 Internet facilities for all in house guests.
 Cyber-Café with computer to work with
 Gymnasium
 Swimming pool
 4 Halls;
Hall A 100 capacity
Hall B 200 capacity
Hall C 300 capacity
Hall D 500 capacity
 Parking lot for cars.

Cheers Hotel and Suites is in a Unique location in the Lagos which provides instant access to Luxury boutiques, Acclaimed Allen Avenue, Elephant House, Ikeja City Mall, Local and International Airport, Lagos Secretariat, just a short walk across Famous Allen Avenue

The Mechanized farm is currently made-up of several components including Poultry, Horticulture, Fishery, Oil Palm, Cassava, Feeds Manufacturing Mill, and a Snail Farming component among others.

1. Administrative Block made up of :
6 rooms
1 Training/Conference Centre
1 Office room ( All with toilets)
2. 12 rooms for residence of workers ( Labor)
2 blocks of six rooms each
4 toilets
4 bathrooms
4 kitchens
3. 4 bedroom bungalow with 3 toilets
4. 2 Nos. 2 bedroom semi-detached flat with toilet
5. Chapel
6. Ware house-100ft X 57ft
7. Poultry house with capacity for 20,000 birds (Layers)
8. 15 ponds (natural of various sizes). Least size-30ft X 20ft
9. Brooder house
10. Concrete tank (14) for fish rearing
3 tanks with capacity for 3,000 fingerling
4 tanks with capacity for 6,000 fingerling
11. Fish hatchery
12. Water on any area of the farm.

Property Details

Other Details

Business Location:

On a major road leading to the airport


Lagos Airport Hotel

Expansion Potential:

Lots of land for expansion

Operation Details



Trading Hours:

24 hours

Support & Training:


Contact this seller

Already a Member? login

Fields marked with a * are mandatory

*Please enter the 5 digits as they appear in the image on the left.
 Yes I wish to receive the monthly newsletter and other emails directly from
 I have read and agree with the Terms & Conditions & Privacy Policy

Related Businesses for Sale

Selling a Business?

Visit the page to Sell a Business in Nigeria

Copyright © 1997 - 2018 Dynamis Ltd and all subsidiaries.

Registered Address:
Dynamis Limited. Dynamis House, 6-8 Sycamore Street, London, EC1Y 0SW. United Kingdom.
VAT No. 747791385 Company
Registration Number: 3788210