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Listing ID: 453 Last Refreshed: 26/05/2019 Total Views: 8119

20 Room 2 Star Hotel In Vietnam, Danang For Sale

Singapore

Asking Price: S$500K - 1M
  • Premise Type N/A Premise Size 1180sqft
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue S$20K - 50K Cash Flow S$20K - 50K
  • Gross Profit S$20K - 50K Net Profit S$20K - 50K
  • Stock S$5,000*** Liability S$0***
  • Payable S$0*** Receivable N/A
  • FFE S$60,000*** Established 2009
  • Owner Role Investor Staff 5
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Willy Tan

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

24/7
Business Hour
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
Supporting and Training
No skills required, hotel is self-running!
Background & Skills

Property Information

Freehold
Lease Term
Vietnam DaNang, 3 mins stroll from beach, near tourist attractions like Vietnam imperial Palace & Giant Statute of Goddess Of Mercy.
Premises Details

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