Serviced Apartment Investment Opportunity in Phan Thiet, Vietnam
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 8 thousand |
Run Rate Sales | USD 20 thousand |
EBITDA Margin | 40 % |
Industries | Serviced Apartments |
Locations | Phan Thiet |
Local Time | 11:56 AM Asia / Ho Chi Minh |
Listed By | Business Owner / Director |
Status | Active |
- The business consistently strives to make sure the properties add the most value for our guests.
- We are currently profitable with 6 long-term properties taken on a contract, and with pending deals (up to 34 units/ - rooms total) from hotels.
- The business is strategically positioned and ready to scale.
- It offers a unique alternative to traditional, monotonous hotels, providing sustainable and eco-friendly luxury accommodations for travelers seeking an authentic experience.
- The sales have increased compared to the previous year because the last year we were doing extensive remodeling whereas now we have listed the properties.
- The company uses sustainable methods to run our business and attract like-minded clientele.
- The duration of stay of our customers ranges from 1 night to 1 week for short term stays and up to 12 months for longterm.
- The occupancy range per house varies between 40 to 80%.
- We charge USD 40-150 for the guest's stay on our property for a night.
Property management through short term rentals, long-term rentals, eco-tourism, construction and development.
- Eco-friendly furniture, appliances, and amenities in each residence - beds, desks, sheets, comforters, pillows, full kitchens and appliances, irrigation & pumps, permaculture garden, eco-friendly natural product line, maintenance tools, and materials for construction and design.
- Branding, experienced and dedicated team with expertise in hospitality, real estate, operations, and sustainable construction.
- We do not have an office and the business is setup to be sustainable and managed remotely.
- Our 6 properties are located in Phan Thiet for a total of 12 bedrooms.
The business is currently funded by the 2 founders/ owners with a 51% / 49% split. The business does not have any loans.
-
Earlier than 15 daysMarketing Director, Real Estate Agency, Singapore, Individual Investor / Buyer connected with the Business