Need help?

Profitable Hotel for Sale in Tuy Hòa, Vietnam

For sale: Beautiful beachside hotel located in a peaceful fishing village.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 350 thousand
Run Rate Sales USD 370 thousand
EBITDA Margin 30 - 40 %
Industries Hotels
Locations  Tuy Hòa
Local Time 3:11 AM Asia / Ho Chi Minh
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 3.5 million (Native Currency: VND 90,000,000,000)
Reason: The owner's whole family is migrating to another country.
Includes physical assets worth USD 3.5 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview
- Last year, with the first 18 rooms, our revenue wass VND 4.5 billion, the profit margin was 50%.
- Expected revenue for this year is VND 10 -15 billion.
- To boost the revenue, we're running a summer vacation program, with a price of VND 1.39 million/guest/night (weekdays) or VND 1.59 million/guest/night (weekends), including accommodation and 3 meals/day, especially seafood BBQ buffet for dinner. Since this program's implementation, the retention rate of the hotel is very high at 80%.
About the location:
- The hotel is right beside Gành Dưa Beach, one of the most beautiful beaches in Vietnam.
- Palm Beach is just 130 km away from Nha Trang, and 85 km away from Quy Nhon, two famous beach cities in Vietnam, so it's very convenient to build a whole beach tour through these three positions.
- The hotel is also near two coral reefs, one is near Yen Island (5 mins by canoe), and the other is near Chua Island (15 mins by canoe). Therefore, it’s perfect to organize a coral snorkelling tour.
• For sale: Beautiful beachside hotel located in a peaceful fishing village.
• 45 rooms that can accommodate up to 120 guests, with a saltwater swimming pool, restaurant, BBQ area, elevator, and hot water system.
• Last years' revenue of 4.5 billion VND and 50% profit margin.
• Summer vacation program with accommodation and 3 meals/day, retention rate of 80%
• Palm Beach is just 130 km away from Nha Trang, and 85 km away from Quy Nhon.
• Near two coral reefs, perfect to organize coral snorkelling tours.
Products & Services Overview
A hotel with 45 rooms that can accommodate up to 120 guests, with a saltwater swimming pool, restaurant, BBQ area, elevator, and hot water system.
Assets Overview
Tangible assets:
- About infrastructure and facilities - 45 rooms in total with 4-star hotel furniture: king-sized and queen-sized beds, and glass shower stalls.
- We have one indoor restaurant and one outdoor BBQ area with a capacity of 200 guests.
2 outdoor saltwater swimming pools for adults and children.
- The hotel has a Mitsubishi elevator system imported from Thailand (produced in 2023); a 250 kVA transformer; a laundry room with 2 industrial washing machines, 2 dryers, and 1 iron.
- The hotel kitchen is equipped with modern industrial equipment: a Winterhalter dishwasher from Germany, a freezer room, and an industrial gas stove system.
- Besides, we also have a modern fire protection system, a 250 kVA backup generator, a solar and electric water heater, a new breakwater, and a tidal embankment, which is 100 m long and costs 1 billion VND.
Intangible assets:
We also have hotel management and reservation software.
Facilities Overview
The hotel has 2 buildings (blocks), one block has 2 floors, and the other has 6 floors. There are 45 rooms in total. The hotel is located 14-15 km north of the town of Tuy Hòa.
Particulars:
- 45 rooms in total with 4-star hotel furniture:
- One indoor restaurant and one outdoor BBQ area with a capacity of 200 guests.
- 2 outdoor saltwater swimming pools for adults and children.
- New breakwater, and a tidal embankment, which is 100 m long.
Capitalization Overview
The hotel has a medium-term loan from Vietcombank which is worth 1.5 billion VND (one billion five hundred million VND).
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer contacted this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more