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Small Hotel for Sale in Port Vila, Vanuatu

For Sale: Oceanfront tourist bungalows and large owner's accommodation with 8 bedrooms.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 thousand
Run Rate Sales USD 40 thousand
EBITDA Margin Nil
Industries Hotels
Locations  Port Vila
Local Time 4:53 AM Australia / Darwin
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.6 million (Native Currency: AUD 2,500,000)
Reason: Promoter has other commitments in Australia and also because of the cash flow issue due to Covid-19.
Includes physical assets worth USD 1.6 million
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Business Overview

- Hotel for a fantastic lifestyle for tourists in stunning Vanuatu Island.

- The business is completely tax-free.

- Business has 16,000 sq meter of absolute beachfront bungalows with beach access.

- We have 4 bungalows with approval for an additional 6 and the main house with 4 bedrooms and 4 bathrooms.

- Property has 8-meter ceilings.

- The property has amazing ocean views and is across the road from the zipline tourist attraction.

- Before the pandemic, the occupancy rate was 80%. Not it has reduced and due to this, the revenue has also dropped.

- We generate leads through our own website and 3rd party online booking platforms.

- Business is not generating profits at the moment due to fewer bookings.

- Promoter is moving to Australia and using an Australian number.

Products & Services Overview

Hotel with 4 bungalows which consists of 8 rooms for tourist accommodation.

Assets Overview

- 16,000 sq m property on 2 blocks.

- 4 bungalows.

- Caretaker's units.

- Multiple storage containers.

- Construction material to build one bungalow.

- All the beds, tables, chairs, sofa, kitchen equipment, lights, TV and interiors.

Facilities Overview

- Owned 2 acres of beachfront property with 4 bungalows. Each bungalow has 1 room.

- Leased 4 bedroom house next to the own property for $2,800 per month. Lease agreement was done for 75 years and we still have 53 years remaining.

Capitalization Overview
Not Disclosed
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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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