Businesses for Sale in Port Vila

Prime house and land packages suitable for *Retirement. *Vacation. *Investment. Located on an established waterfront location with 2 kilometers of coastline, comprising 111 acres. The sales are generated by selling these plots. For the last two years due to Covid, the project is on hold. Refer to the attached detail for further information. Company,

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.

Top performing resort, a favorite of all the OTA and rated by trip advisor as one of the top 10% of resorts in the world. - The property is on a 75 years leasehold, 67 years are remaining in the contract and the property includes thirty studio self-contained apartments, six 1-bedroom self-contained apartments, seven 2-bedroom self-contained apartments, infinity pool and children’s pool, excavated swimming hole in ocean, reception, laundry/housekeeping, BBQ house, gym house, massage house and a restaurant. - There is a 3,460 square meter adjacent land and we have development rights with the department of lands to build twelve studio apartments, twelve 2-bedroom or 3-bedroom apartments and a new reception or it could be changed to include an entirely different development profile, even a multiple floor development. - Preferred property for many of the large wholesalers and online booking agencies. We have a lot of loyal clients. - Our business was affected by external factors as we had a cyclone pam which was category 5 (we were the only resort with no damage due to the strength of our building) and then we had air NZ and Virgin cease their service due to a deteriorating airport runway. Despite of these setbacks we maintained a high level of occupancy but at the expense of our bottom line. - We were looking forward to a bumper in 2020 and then we had Covid-19. We were closed for the most of 2020, but now we have permanent and mid-term tenants for this year that will sustain us until the borders open. We are planning to re-open in the next 6 months. - Other financials can be discussed after introduction.

Top performing resort, a favorite of all the OTA and rated by trip advisor as one of the top 10% of resorts in the world. - The property is on a 75 years leasehold, 67 years are remaining in the contract and the property includes thirty studio self-contained apartments, six 1-bedroom self-contained apartments, seven 2-bedroom self-contained apartments, infinity pool and children’s pool, excavated swimming hole in ocean, reception, laundry/housekeeping, BBQ house, gym house, massage house and a restaurant. - There is a 3,460 square meter adjacent land and we have development rights with the department of lands to build twelve studio apartments, twelve 2-bedroom or 3-bedroom apartments and a new reception or it could be changed to include an entirely different development profile, even a multiple floor development. - Preferred property for many of the large wholesalers and online booking agencies. We have a lot of loyal clients. - Our business was affected by external factors as we had a cyclone pam which was category 5 (we were the only resort with no damage due to the strength of our building) and then we had air NZ and Virgin cease their service due to a deteriorating airport runway. Despite of these setbacks we maintained a high level of occupancy but at the expense of our bottom line. - We were looking forward to a bumper in 2020 and then we had Covid-19. We were closed for the most of 2020, but now we have permanent and mid-term tenants for this year that will sustain us until the borders open. We are planning to re-open in the next 6 months. - Other financials can be discussed after introduction.