Vietnam Business for Sale

Transfer of a company with a project to develop garden villas, restaurants and a tourist park Business for Sale Request from Vietnam

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Vietnam Business for Sale: Transfer of a company with a project to develop garden villas, restaurants and a tourist park

Business for Sale in Vietnam:

Business for Sale:Transfer of a company with a project to develop garden villas, restaurants and a tourist park
Location:Quang Nam
Price (USD):$406,250
Status:Available
Deal Info:

The company was established in 1999 in Quang Nam. In 2003, the company invested in a project to develop hotels and restaurants in My Son, Quang Nam on a 10,194m2 piece of land rented for the first phase. The project has the most beautiful and convenient position of the tourist area. By now, we have completed construction of 7 garden fully-furnished villas, a 50m2 bar, a 250m2 air-conditioned restaurant capable of serving 150 customers and a 200m2 service area including a 120m2 shop, the electricity and water system, gardens and yards. These works have been in good operation. We have a number of contracts with travel agents. Everyday, around 300-1000 people use our services, most of them are foreigners. By the end of 2006, when the heritage area is open for visitors in the evening, the profitability of the project will improve.

 

As it is necessary to develop new services to meet the demands of visitors, the company is now in need of more capital to put into the project for building more villas, sourvenir shops, swimming pools, massage centres, karaoke lounges, fences, gates, carparks and office for employees. Due to a lack of capital, the owner wishes to transfer the business and the project at USD 406,250.00 (four hundred and six thousand two hundred and fifty US dollars).

If the buyer needs to enlarge the project, the company can take charge of renting more land at the cost borne by the buyer.


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