Travel & Leisure Businesses for Sale in Malacca

This is a non operational hotel that stopped operations in 2020 during the pandemic. - The business was making losses at that time due to bad management which why there is no reported sales and run rate sales given. - The 5-star, 22-storey hotel is strategically located at Jalan Parameswara in the City Centre of Melaka, Malaysia,. - It is less than 500 meters from the famous Melaka’s A Famosa and surrounded by numerous tourist attractions such as Melaka Sultanate Palace Museum, Melaka River Park & Cruise, Menara Taming Sari, Windmill Dutch Square, Maritime Museum, St Paul’s Church, and Stadthuys, making it an attractive destination for tourists. - The property consists of 3 owned parcels of commercial land with a total land area of 136,077.36 sq ft and a gross floor area of 601,148.96 sq ft. - It is erected with a 5-star hotel featuring 494 rooms and ample car parking space including an open space and a 2-level basement. Key features and amenities of the hotel include a pool, television, air conditioning, coffee maker, maid service, kitchen, microwave, mini-bar, non-smoking rooms, phone, refrigerator, safe, and internet access. - The business has all the necessary licenses to operate a hotel.

We provide room rental/Airbnb services. - Our company has tie-ups with the building owner who provides us with their space. We renovate & furnish the place and make necessary changes before putting it up on rental. - Currently, we have 9 furnished rooms. Additional floors are available from the building owner on a rental basis. - The Airbnb is located 5 minutes walk to Jonker Walk, tourist spots, walking distance to 2 banks, clinics, and restaurants. - In a month, we receive around 5-10 room bookings. - We have tables, chairs, air conditioners & air blowers, a washing machine, water heaters, microwaves, a coffee machine, shelves, and an internet line. - Revenue is earned on a rent basis minus the charge to one building owner. Rental chargers to the owner are below RM 1500/month and the property is maintained by us. - New business owner can custom their own, entirely to increase revenue. - The business is currently run by the owner single-handedly with the help of part-time staff. - Currently, the business is not operational as we are planning to sell it due to a lack of manpower and resources to run and expand.

We provide room rental/Airbnb services. - Our company has tie-ups with the building owner who provides us with their space. We renovate & furnish the place and make necessary changes before putting it up on rental. - Currently, we have 9 furnished rooms. Additional floors are available from the building owner on a rental basis. - The Airbnb is located 5 minutes walk to Jonker Walk, tourist spots, walking distance to 2 banks, clinics, and restaurants. - In a month, we receive around 5-10 room bookings. - We have tables, chairs, air conditioners & air blowers, a washing machine, water heaters, microwaves, a coffee machine, shelves, and an internet line. - Revenue is earned on a rent basis minus the charge to one building owner. Rental chargers to the owner are below RM 1500/month and the property is maintained by us. - New business owner can custom their own, entirely to increase revenue. - The business is currently run by the owner single-handedly with the help of part-time staff. - Currently, the business is not operational as we are planning to sell it due to a lack of manpower and resources to run and expand.