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Finance And Services:

#1 Best Small Hotel In Indonesia, Roi 10,2% For Sale

LISTING DETAILS
Firms For Sale ID:
35129
Vendor reference:
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Commercial property:
Business opportunity:
Asking price:
$3,608,125
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed
Years established:
2015
Number of employees:
13
Employees / staffing:
Employees: 13 - currently, 29 - when fully operational
Business website:

OTHER DETAILS
Reason for selling:
Retirement back to home country, Canada
Support and training:
Transition assistance included in the purchase. The owners are available to assist with the transition of property to the new management team for 90 days after executing a sales agreement. The Chief Marketing Officer is also available for 90 days after executing a sales agreement to ensure that the goals on occupancy in the marketing plan will be achieved.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
Yes
PROPERTY DETAILS
Living accommodation:
Building: 1,463 m2 (15,747 sq. ft.) Amenities: • 2 padi suites for 2-3 guests • 2 two-floor sky lofts for 2 guests • 2 luxury three-story villas with private pools for 2-6 guests • Fine dining restaurant with seating for 22 guests • 3 pools: 1 shared pool for guests of the suites and 2 private pools for guests of villas • Reception desk • Storage room • Gift shop • Offices
 
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BUSINESS DESCRIPTION
Boutique hotel in Ubud, Bali, Indonesia for sale

LUXE Villas Bali (TripAdvisor Awards # 1 Best Small Hotel in Indonesia 2018, 2019, #12 Best Small Hotel in the World) is available for sale.

The hotel is nestled in a lush green setting surrounded by rice paddies and tropical jungle with views of Bali’s volcanoes in the distance. A prime location, only a ten-minute walk or three-minute scooter ride to downtown Ubud.

The hotel consists of two Luxury Villas, four Luxurious Suites, a fine dining restaurant seating 22 guests and three fresh water pools. All buildings sit on 900 m2 of freehold land, with an additional 4,000 m2 surrounding rice fields on long term lease for view rights.

All buildings are constructed to the highest standards, utilizing the finest materials, engineering & craftsmanship, all meticulously maintained.

The 10-year financial plan conservatively projects an average yearly sales revenue until 2030 of $1,085,490. Total of $10,854,908.

The total projected 10-year profit is $3,685,215

With an initial investment of $3,608,125, the average ROI will be 10.2% over 10 years with payback in 9.8 years.

Please contact us for more details.

Expansion Potential
There is an opportunity to expand the hotel by building 6 one-bedroom villas, gym, yoga studio & massage spa on a nearby rice-field, which requires an estimated 950,000 USD of additional investment. With the 6 additional villas, the average ROI will be 15.5% over 10 years with payback in 6.5 years.

Market / Competition / Non-Competition Agreements
The hotel is surrounded by countryside, yet only a 10-minute walk or 3-minute moped ride to central Ubud, all suites and villas offer enchanting views of terraced rice fields with inviting glimpses of the jungle and mountains beyond. All areas of the hotel and restaurant are built to the highest standards, engineering, materials & craftmanship. LUXE Villas was awarded by TripAdvisor The #1 Best Small Hotel in Indonesia 2018, 2019, The #12th Best Small Hotel in the World 2020.