Listing Id: 453
Total Views: 8918
(Sold) 20 Room 2 Star Hotel In Vietnam, Danang For Sale
Singapore
Date Closed: 19/06/2014
Asking Price: S$500K - 1M
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$0
-
Rental Desposit
N/A
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Revenue
S$20K - 50K
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Liability
S$0***
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Gross Profit
S$20K - 50K
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Net Profit
S$20K - 50K
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Stock
S$5,000***
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FFE
S$60,000***
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Payable
S$0***
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Receivable
N/A
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Owner Role
Investor
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Staff
5
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Established
2009
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Source
Direct Seller
Reason For Sale
Expansion
Description
2 Star Hotel is 3 minutes stroll from the beach. 10mins drive from airport, near tourist attractions such as the giant goodness of mercy statue (facing sea), Vietnam's imperial palace & marble mountain. 3 hours from City centre. 20 rooms, restaurant, lift to access all 7 levels. Parking space available outside. Land beside hotel for sale also allowing for easy expansion. Hotel sale comes with land of 110sq m.
Also within driving distance of a Bana Hills, holiday resort with all kinds of attractions for the young at heart.
Hotel is profitable & being run by staff with 1 hotel manager overseeing. Family wishes to sell existing hotel to buy another 3 star hotel facing beach with bigger land. All facilities & furnishing will be left for the new buyer.
Business Operation
Lift available, operating restaurant within hotel. Wi-Fi Available.
Facilities
Slow property market in near future due to economic slow down. Buyer may not be able to 'flip' the property within 3 years but hotel is profitable.
Competition
Land beside hotel also for sale. Buyer may purchase, build & connect the hotel.
Expansion Potential
Available at request
Support and Training
No skills required, hotel is self-running!
Background & Skills
Property Information
Vietnam DaNang, 3 mins stroll from beach, near tourist attractions like Vietnam imperial Palace & Giant Statute of Goddess Of Mercy.
Premises Details
United States