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Profitable Hotel for Sale in Da Nang, Vietnam

For Sale: Boutique hotel located in an area that is booming with lots of activities.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 38.4 thousand
Run Rate Sales USD 230 thousand
EBITDA Margin 30 - 40 %
Industries Hotels
Locations  Da Nang
Local Time 10:23 AM Asia / Ho Chi Minh
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.5 million (Native Currency: VND 65,000,000,000)
Reason: The owner is moving abroad. We are looking to sell the hotel at the same price as our physical asset... View More
Includes physical assets worth USD 2.5 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Teaser
Business Overview
Boutique hotel that has been developed with upscale accommodation, spacious rooms and creative designs. The hotel has been designed, developed and run by an industry expert with 35 years of experience. The aim is to bring up this hotel among top 5 boutique hotels in Da Nang. Over the years, this industry expert has developed a series of successful boutique hotels in USA, Australia, Myanmar, Vietnam.
This boutique hotel has 26 rooms spread over 10 floors. From the hotel, it's just 2 mins walk to the beach and 5 mins walk to the shopping streets and malls. There are a lot of restaurants and activity centers in the area. The operations of the hotel was recently started and we currently operate at 50% occupancy rate. We promote the brand on social media and have also established tie-ups with 2-3 travel agencies.
Our last year's revenue was low because we were only operational for 4 months in that year. The area surrounding the hotel is booming with a lot of big projects (shopping centers and luxury hotels) which will bring a lot of future value to the real estate in the area. Business owned assets include land, building, furniture and interiors.
Products & Services Overview
A boutique hotel with 26 rooms spread on 10 floors. Has a restaurant and a fitness center as well.
Facilities Overview
Company owned premises of 150 sq mt.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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