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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Malaysia Businesses For Sale Categories   >>   

Asian Beachfront Resort

Location  Malaysia
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $3000000
Net Profit / Cash Flow  $1000000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2001
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Description  This Beachfront Resort for sale in Asia offers sun worshipers searching for a wonderful sunspot the chance to vacation/sabbatical in 5 Star Luxury Real Estate at less than a 2 Star price. This Beachfront Resort in Asia is actually a Condo-Apartment Beach Resort operating as a Luxury Hotel. This exclusive property is part of the rapidly growing South East Asian Real Estate Market, which happens to have some of the best beaches in the world. The average land temperature is from 24-32 degrees Celsius (75-89 degrees Fahrenheit) year round. The average sea temperature is 24 - 28 degrees Celsius. Languages are: English, Chinese dialects, Tamil, Bahasa Malaysia, German, French and Japanese. 130+/- Suite Resort providing Twin Share accommodation for 500+/- Guests. This Luxury Resort has Commercial Units, Penthouses, 2 Bedroom Suites and 3 Bedroom Suites, 3 Restaurant Areas, 6 Conference Halls, Reception & Offices, Kitchen and Shop, Business Center, Games Room, etc. Direct Beach Access, Retaining Walls, CTV throughout, Car Park for over 120 cars that is sealed! Land Area 2.78 Acres The Resort has been in operation for over 7 years and has a Profit of $1,000,000+/- yearly, with only a 40% occupancy. This Resort caters to Business Conventions, Seminars, and other Group Functions and rents the Condos for the above functions. The Resort is Free and Clear and is not encumbered by any mortgages. A Buyer can continue the operation as is, or upgrade this property to a 5 Star Hotel. Conversion Cost- Estimate of $4,000 (USD) per suite. This would not include additional furnishings. Asking Price- $14,000,000.
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