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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.

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Beachfront Development Landbank For Sale

Location  Malaysia
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $81000000
Net Profit / Cash Flow  $1800000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2003
Number of Employees  50 - 99
Relocatable  Not Disclosed
Number of Employees  50 - 99
Real Estate  Owned
Training  Can be fully - provided by current owners.
Reason for Sale  Wants to concentrate on another large overseas project.
Description  Pre-approved Beachfront Development Landbank For Take-over Sale, Joint-Venture or For Sale & Leaseback! *Unique Selling Proposition: This landbank has very similar features to option pricing models. To begin with, there is little or no comparables, and no cashflow: only potential for explosive growth in value and price when development takes place! Location: Popular Malaysian Tourist Township of Tg Pengilih, Pengerang, Sungai Ringit, Southern Johor, 15 minutes ferry-ride from Ubin Island and 45 minutes from Changi Point, Singapore. An hour and a half's drive from the Old Causeway. The upcoming tourist township of Pengerang is very popular with middle-class (Yuppies) Singaporeans and Indonesians. For a weekend of good fun and outing, hoardes visit these beaches for long cycling trips and super-fresh sea-food in nearby Sungei Ringit Town of ''Se Wan Tho''. Tenure: Freehold. Approved for nine-storey 288-unit beachfront luxury condominium housing. Title: No caveats, no claims, no encumbrances, clean. Fully-paid by owner. Size: 2.88 heactares, 6.8 acres or almost 300,000 sq ft. Condition: Subject to continuing approvals as represented (now valid and available, option can be given subject to those). Architectural plans: Fully available. Piling Works: completed and fully-paid. Architectural Models: Full-scale and unit types available. Marketing Brochures: Available, needs updating. Indicative Valuation: RM 11,500,000. Asking Price: RM 8,888,888 (Exchange Rate SGD to RM 2.4) Existing development land is owned by a company willing to consider take-over sale to interested developers, joint-venture or sale & leaseback! Skip tiresome searches, due diligence, appointing architects and loops of meetings ad-infinitum by re-inventing the wheel for this project with a gross development value of nearly RM81,000,000. Call Henry Yeo on 65-90045168 for more information now.
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