Businesses For Sale in SingaporeSingapore

Listing ID: 4258
Total Viewed: 4427
Last Refreshed: 19/09/2018

7Ha Private Island &150 Ha Beach Front Land in Lombok for SALE

Central Area

Asking Price : Under SGD50K

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: Not Disclosed

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
REQUIRE CAPEX FOR DEVELOPMENT
Business Description

This is the PERFECT Opportunity to get in on RESORT DEVELOPMENT TRend that is hitting LOMBOK, Indonesia. It's Bali 30 years ago.. get in LOW and EXIT HIGH, never before is this opportunity presenting itself again... all the land titles and development rights are incorporated in a Singapore Registered Company..


This is an investment into a Singapore based company that has ownership of land and permits in Lombok to start a Villa Resort Development. The land inventory is as follows:

1) 7.0 Ha Private Island (Gili Sunut)

2) 110 Ha on the Northern Part of the Main Lombok Island

3) 50 Ha on the Southern of the Main Lombok Island

** Both the land parcels have beach fronts with beautiful sea view and private beaches

*** Please look at the Lombok Price Comparable document to get a feel of the land value at Lombok, the Private Island itself was valued at over US$3M in 2011.


The term of this deal is simple:

  1. US$1,800,000 for 35% of the Company or

  2. US$5M for 95% of the Company

  3. There is currently S$1.2M loan which will be paid back with the new money that comes in. after which the company will be clean. 

  4. Development / Future Plan: There is an entire master plan done for the 7Ha private island, which involves building 44 (2 bed room) villas. Total estimated development cost for that is $24M. Horwath HTL has done the report with future estimate projections as well, see below link under Supporting Documents.

  5. If we can get a hotel brand to take this on will be awesome!

All the permits and land titles are ready for us to start development right away. Kishore, to be transparent, I will be taking 10% cash from any money raised  and 10% Equity should the investor decide to take the 35% ownership option. Although, I'm sure you don't need it, but a matter of principle I'm willing to share 50% of my take, should you be able to find someone in your network that is willing to invest. Let me know if you have any idea on how I can proceed with this? Thanks in advance, much appreciate.

 


Supporting Documents:


1) Titles & Permits: https://www.dropbox.com/sh/tvg0t4a331m5638/AADmuzbOgCJFFJC5Ee6LwZs8a?dl=0

2) Photographs of the Private Island & Mainland land: https://www.dropbox.com/sh/ukseusj60puu3mk/AAC-xk-FuTuv8e4VY__7Wj_Fa?dl=0

3) Architect Master Plan & Mockups:  https://www.dropbox.com/sh/cgruh1scvgeympw/AABpbufo1YkhW3zP_rHzbclPa?dl=0

4) Investment Valuation Report done by Horwath HTL: https://www.dropbox.com/s/iea35o3mraw849y/Sunut%20Island%20Final%20Report2011.pdf?dl=0

5) Report on Investment Opportunity & Growth in LOMBOK:  

https://www.dropbox.com/s/esesdaxdx8wjxxz/Lombok%20Investment%20Report%202015%20by%20Private%20Sanctuary.pdf?dl=0

6) Lombok Land Price Comparable: https://www.dropbox.com/s/nm3xpaidxojalxz/Lombok%20land%20prices%20at%20Feb%202014.pdf?dl=0


Property Information
Premise Status:
Rent
Premise Size:
0sqft
Other Information
Seller Financing Available:
Yes
Supporting Documentation

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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