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BUSINESSES FOR SALE

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

4 Stars Hotel For Sale

Location  Malaysia
Asking Price Range  $20.0M - $35.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  100 - 200
Relocatable  Not Disclosed
Number of Employees  100 - 200
Real Estate  Owned
Reason for Sale  Non core business to dispose.
Description  Our company has been authorised to sell a 4 stars hotel in Cameron Highlands for RM85 million (USD28.33 million) The subject property is located in Cameron Highlands, Pahang. Developments within the vicinity include strawberry farms and vegetable farms. It is situated approximately 5km north of Brinchang town centre, which comprises mainly two to five-storey shop houses, low-rise apartments, budget hotels and 3-4 stars hotels. Various tourist sites are situated within the locality. The said building for sale is a 13-storey hotel with 3 basement car park, part of a holiday resort and entertainment centre which also consists of serviced apartments, entertainment complex and offices. This 4-star hotel (according to the grading by Ministry of Tourism, Malaysia) consist of 269 hotel rooms, facilites and car park. The total gross floor area of the building (including car park area) is approximately 31, 687 square metres. Facilities available within the hotel include function rooms, swimming pool, gymnasium and restaurants. Those interested parties need to forward a letter of ''Expression of Interest'' to Zen Global Asset Management for further information. (attention to Edmund Lee)
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