SingaporeOverview
Financial Performance
Revenue
S$20K - 50K
Gross Profit
S$20K - 50K
Net Profit
S$20K - 50K
Monthly Rentalt
S$0
Business Operations & Assets
Stock
S$5,000
Price Included
FFE
S$60,000
Price Included
Staff
5 Employee
Year of Incorporation
2009
Owner Role
Investor
Premises Details
Vietnam DaNang, 3 mins stroll from beach, near tourist attractions like Vietnam imperial Palace & Giant Statute of Goddess Of Mercy.
Business Details
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.
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.
Buyer Support & Terms
Support and Training
Available at request
Background & Skills
No skills required, hotel is self-running!
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