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Businesses For Sale   >>   Vietnam Businesses For Sale Categories   >>   

Development Wanted: Trade Centers, Deluxe Hotels

Location  Vietnam
Asking Price Range  > $35.0M
Gross Revenues  $200000000
Net Profit / Cash Flow  $10000000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2008
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Clean all paperwork until brand-new license.
Reason for Sale  Calling for investment.
Description  Location: #2 - #4 - #6 Hai Ba Trung Street, Me Linh Square, Ben Nghe Ward, District 1, HCMC, Vietnam. Total investment area: 6,000sqm. Price (per square meter): US$ 17,800 (in contract) + US$ 1,000 (services cost) = US$ 18,800 Objective: - Office buildings, - Trading service centers, - High-grade department stores, - Showrooms, - Deluxe hotels. Period of Land Using: - Foreign Investors: 50 years. - Joint Venture Investors: 70 years. Floor-space condition: beer factory and warehouse. Construction Height: 70 - 80 storey, 3 underground floors. Procedure: Proving Financial Capacity (by form). Payment term: 3 stages (30%, 60%, 10%). Payment form: Bank transferring. Deposit & Earnest: - Deposit: US$ 100,000 right after Memorandum of Understanding; - Advance Security Money from Seller and Buyer: US$ 10,000,000. Expansion potential: - Face four streets: Me Linh Square, Hai Ba Trung, Dong Du, Thi Sach; - Good infrastructure: factory and warehouse; - Connect with Pedestrian Bridge to Thu Thiem New Urban. - Combines with 4 other buildings and the river to make the exceeding center of HCMC. Contact for more information on this Development for sale.
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