1601003 Successful Resort on Ochheuteal, Sihanoukville for Sale

Successful Resort on Ochheuteal, Sihanoukville for Sale

Listing No. 855-16-01-003

 

 

• Business:  Guest House
• Location:  Sihanoukville, Cambodia
• Features:  There are very few opportunities in the 3-star boutique hotel sector available in Sihanoukville with a very good income/earnings ratio. Here is one if you want to have a change of life-style, but still be able to live a normal life too, meaning you won’t have to put in 24/7 work hours!  This small hotel has gained a very good reputation as is reflected on all booking portals. It is almost unique with its beautifully landscaped pool/garden area, which is also one of the main attractions of this hotel besides the tranquility it offers its guests. There is a full-service restaurant and bar serving a-la-carte breakfasts, lunches, and dinners, as well as cocktails. The 5mx12m swimming pool is ideal for children too, and a nice place to chill for adults on the sun lounges. The beach is only 200m or a 5-minute walk away.  A 45 KVA generator is on site to keep guests comfortable even during the infrequent power outages. 10 IP surveillance cameras with cloud recording and night-time security put guests at ease.  The hotel is listed on the major online booking channels and has its own website and facebook page. There is nice share of direct bookings, walk-ins and extensions (35%). The average stay in high season is 10 days, in low season 3 days, with quite a few repeat guests throughout the year. Guests are typically individual travelers from Europe, OZ/NZ, North America, and well-to-do locals. Advance bookings for this coming high season are very promising and the hotel is expecting another good and profitable high season.  Well established and trading for over 3 years, it is a turn-key operation. No further investments are necessary. Being recently refurbished and maintenance done regularly, everything is in excellent working order. Complete computerized back of back office operation plus POS system in place.  The upcoming high season is a good time to get started and make money. A good marketing mix will ensure that. Experience in the business would be beneficial but the owner is willing to stay on to assist the transition for 1 or 2 months for free if required.  The lease is 7 years remaining, with an option to extend 10 more years, completely new lease can be negotiated if desired.  Average room rate: $48.  Occupancy: 65% p. a., 85% in high season, 50% in low season.  Earnings: 25% (before owner’s benefits).
• Tenure:  Business Sale and Rent (Leasehold Premises).  7 years with option to renew (Rolling Lease).
• Asking Price:  USD 200,000]
• More Information:  Please contact us for more detailed information (we require your name, phone number and e-mail address)

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