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Listing ID: 453 Total Viewed: 1

20 Room 2 Star Hotel In Vietnam, Danang For Sale (Sold)

Singapore

Asking Price : SGD500K - 1M

Revenue: SGD20K - 50K

Cash Flow: SGD20K - 50K

Payable: SGD0

Established: 2009

Gross Profit: SGD20K - 50K

Inventory: SGD5,000

Receivable: Not Disclosed

Owner Role: Investor

Net Profit: SGD20K - 50K

Liability: SGD0

FFE: SGD60,000

Staff: 6

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

***NOT included in asking price

Reason To Sell
Expansion
Business 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 Operations
Business Hour:
24/7
Preferred Skills:
No skills required, hotel is self-running!
Supporting and Training:
Available at request
Staff:
5 Local, 1 Part Time
Property Information
Premise Status:
Own
Premise Size:
1180sqft
Rental Fee:
SGD0
Lease Term:
Freehold
Premises Detai:
Vietnam DaNang, 3 mins stroll from beach, near tourist attractions like Vietnam imperial Palace & Giant Statute of Goddess Of Mercy.
Other Information
Facilities:
Lift available, operating restaurant within hotel. Wi-Fi Available.
Competition:
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.
Expansion Potential:
Land beside hotel also for sale. Buyer may purchase, build & connect the hotel.

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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