Listing Id: 4258
Total Views: 13555
(Sold) HIGH RETURN 4 STAR HOTEL IN YOGYAKARTA, INDONESIA for SALE
Central Area
Date Closed: 27/09/2019
Asking Price: > S$5M
- Overview
- Reason For Sale
- Description
Overview
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Premise Type
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Premise Size
193750 sqft / 18000 sqm
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Gross Profit
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
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Established
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Source
Direct Seller
Reason For Sale
Owner looking to consolidate and diversify business portfolio
Description
The word CAVINTON was derived from a medicine that provides peace and tranquility to the soul. With this in mind, CAVINTON HOTEL guests are pampered with amenities and activities that will provide peace and tranquility to their soul while staying at CAVINTON HOTEL. The CAVINTON Hotel Yogyakarta, is a 4 star hotel located near the Malioboro Tourist Area. The hotel provides 208 spacious rooms & suites equipped with ballroom & meeting rooms that can accommodate up to 500 pax and has state of the art meeting room equipment. A 15 minute walk to local tourist attractions make it a favorite among visitors.
Owner is selling to consolidate properties and diversify business portfolio. This property is profitable and has been operating as a 4 star hotel since 2014. It has a high occupancy rate of 70% and generates $2.5M in sales year over year.
Singapore