Hotel for Sale in Tawau, Malaysia

- Executive boutique hotel, a distinguished 3-star hotel.

- Strategic location in Tawau Town.

- Offers seamless access to key attractions, government offices, financial institutions, and public transportation hubs.

- A range of 100 well-appointed guest rooms.

- Accommodation options include junior deluxe, superior queen/twin, deluxe twin, royal deluxe, executive queen with jacuzzi, court queen, court king, royal court king, family court, royal deluxe (triple sharing), suite super king with jacuzzi, and family royal court.

- Essential amenities in each room: Wi-Fi access, daily housekeeping, and maintenance services.

- Occupancy rates average between 40%-70%.

- Turnkey sale: inclusive of building, furnishings, and operational entity.

- Primary offerings: room accommodations, dining services, meeting and event spaces, spa and wellness services, online booking and reservations.

- Current occupancy at 50%.

- Clients: Business travelers.

- Sales improved after Covid-19.

- Possess food and tourism licenses.

3-star hotel in Tawau Town with 100 catering to business travellers.

Tangible Assets:

- Property and Buildings: The physical structures comprising four contiguous 6-story buildings, including rooms, common areas, and amenities.

- Furnishings and equipment: All furniture, fixtures, and equipment required for the hotel's operation, including room furnishings, lobby decor, restaurant equipment, and more.

- Operating supplies: Inventory of essential operating supplies, linens, toiletries, and cleaning materials.

- Vehicles: Any hotel-owned vehicles such as shuttle services, vans, or maintenance vehicles.

- Land title: Ownership rights to the land on which the hotel is situated, as outlined in the land title documents.

Intangible Assets:

- Business name and brand: The rights to the hotel's name, brand, and associated trademarks.

- Customer base: Existing customer relationships, client database, and guest loyalty records.

- Operating licenses and permits: All necessary licenses, permits, and certifications required for hotel operation, including permits for lifts, fire safety, food service, and others.

- Online rresence: Ownership of the hotel's official website and any associated social media accounts and email marketing lists.

- Goodwill: The hotel's reputation, customer satisfaction, and overall brand image within the market.

- Management expertise: Knowledge and expertise of the existing management team and staff, who are well-acquainted with the operation of the hotel.

- Facility overview:

Four adjoining 6-story buildings in Tawau, Sabah.

Total built-up area of 41,400 sq ft.

Home to 100 well-appointed guest rooms and various amenities.

- Lease details:

Operates under a 999-year lease (from 01 Jan 1897 to 31 Dec 2895).

- Amenities:

Reception area, hotel lobby, business center, function hall, and more.

Individual split-unit air conditioning in all rooms.

- Safety measures:

Fire alarm system, sprinklers, and CCTV security.

- Furnishings:

Guest rooms are equipped with beds, dressing tables, TVs, and wardrobes.

- Purposeful layout:

Carefully designed space to ensure guest comfort and satisfaction.

- The hotel was built with the utilization of personal funds.

- The business is operated by three directors who also serve as the hotel landlords. The majority shareholder holds a 35% stake.

- The hotel buildings are currently financed through loans, with details available upon request.