Singapore  Singapore

Sell a Business

Listing ID: 4258 Last Refreshed: 07/05/2019 Total Views: 11297

HIGH RETURN 4 STAR HOTEL IN YOGYAKARTA, INDONESIA for SALE

Central Area

Asking Price: > S$5M
  • Premise Type N/A Premise Size 18000sqm
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Azan Tengku
Email Owner

Reason For Sale

Owner looking to consolidate and diversify business portfolio

Description

The word CAVINTON was derived from a medicine that provides peace and tranquility to the soul. With this in mind, CAVINTON HOTEL guests are pampered with amenities and activities that will provide peace and tranquility to their soul while staying at CAVINTON HOTEL. The CAVINTON Hotel Yogyakarta, is a 4 star hotel located near the Malioboro Tourist Area. The hotel provides 208 spacious rooms & suites equipped with ballroom & meeting rooms that can accommodate up to 500 pax and has state of the art meeting room equipment. A 15 minute walk to local tourist attractions make it a favorite among visitors.


Owner is selling to consolidate properties and diversify business portfolio. This property is profitable and has been operating as a 4 star hotel since 2014. It has a high occupancy rate of 70% and generates $2.5M in sales year over year.


Supporting Document

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