Hotel for Sale in Madang, Papua New Guinea
For Sale: The entire hotel property and lodge business with 40+ rooms and other amenities.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 700 thousand |
| Run Rate Sales | USD 900 thousand |
| EBITDA Margin | 22 % |
| Industries | Hotels |
| Locations | Madang |
| Local Time | 5:03 PM Pacific / Port Moresby |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
2.6 million
(Native Currency: PGK 11,000,000)
Reason: Moving into a new business.
Includes physical assets worth
USD
2.6 million
Interested to connect with advisors
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Business Name
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Business Overview
- Seven-year-old hotel business in Papua New Guinea.
- Occupancy rate is 60-70%.
- Bookings are mostly through emails, phone, Facebook page, and other social media platforms.
- The facility comprises of 20 standard rooms, 11 luxurious rooms, and 11 self-contained rooms.
- A bar, a restaurant, and a kitchen.
- A meeting room.
- Three boardrooms.
- Two two-bedroom apartments.
- Three staff rooms.
- A residence.
- A bus with 15 seats.
- Generator.
- Backup water.
- Occupancy rate is 60-70%.
- Bookings are mostly through emails, phone, Facebook page, and other social media platforms.
- The facility comprises of 20 standard rooms, 11 luxurious rooms, and 11 self-contained rooms.
- A bar, a restaurant, and a kitchen.
- A meeting room.
- Three boardrooms.
- Two two-bedroom apartments.
- Three staff rooms.
- A residence.
- A bus with 15 seats.
- Generator.
- Backup water.
Products & Services Overview
Lodge/hotel with rooms, bar, kitchen, restaurant, and meeting rooms.
Assets Overview
Property, building, interiors, furniture, electronics, equipment and other things owned by the company.
Facilities Overview
Owned single floor facility in a prime location of Madang Province.
Capitalization Overview
100% Single owner of the business.No liability or debt owed to anyone or business.
Started with his own funds.
Recent Activity
-
Earlier than 15 daysVolunteer / Training Team, NGO, Solvang, Individual Investor / Buyer connected with the Business
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