NOTE- This business is located in Bali - Indonesia
I am privileged to offer for sale an intimate boutique resort in the Sidemen Valley in East Bali.
Located 2 hours from Kuta, 90 minutes from Denpasar (Airport) this spectacular and relatively untouched region is becoming increasingly popular for those seeking out the 'original' Bali. Whether it's to explore the area, trek, experience the local culture or just relax poolside, the resort offers its guests every comfort and luxury in stunning surroundings.
The resort has 11 detached boutique rooms for guests. Set in lush tropical grounds, all of the rooms enjoy fabulous views to the surrounding hills and rice terraces.
7 lodges are constructed of reclaimed Ironwood and Lassie wood which were built in 2012. In 2015, 4 rooms of bamboo construction were added to the resort.
There is a restaurant, separate lounge bar, spa and yoga retreat that is also well accepted and patronised by guests both resident and non resident.
Stylish 2 bedroom/2 bathroom owners accommodation is located in the far corner of the resort. With rice fields to the side and to the front, there are stunning views across the rice fields and surrounding hills to the sea. Fully furnished with quality custom made furniture and fittings.
With excellent bookings which have increased each year since commencing operations, the resort is on target this year for an outstanding and very profitable year.
Visitors are from all over the world, but in the main are from the America's, Europe and Australia/NZ plus some from the expat communities of Asia.
There are many returning clients, personal referrals and on line media and travel guide recommendations including ‘Top Choice’ in Lonely Planet and the resort also enjoys an excellent reputation around Bali well beyond the Sidemen Valley.
There is a very reliable and loyal workforce in place including a GM, which enables the owners to commit as little as 30 hours a month (mostly on line) to the business and importantly, take holidays some 70/80% of the time overseas.
They are confident in knowing the resort is in good hands, as on their return, they see the resort is in excellent order with ever increasing bookings, profits and great guest reviews.
The business is operated through a local PMA company which is wholly owned by the owners and included in the sale. A PMA affords the right to obtain a KITAS visa to the owner and their family, plus work permits if they wish to be involved on site in the day to day running of the business.
The business is leasehold (35 years remaining). NOTING- The lease is fully paid in advance.
The sellers are realistic with what they are seeking for the business taking in to consideration the excellent profit and long lease.
They will also be flexible with handover as required, not withstanding that the business has fantastic employees, who are loyal and committed to the business.
Sale price $1.2mill US . NOTE - The seller may consider funding the purchase (up to 33% of total selling price - secured) if required.
Contact me today for further information, noting you will be required to complete a one page CA (confidentiality agreement) before details are made available.
Photos- Views are actual.
Access financials and documents once verified. Your information stays confidential.
100+ experienced brokers matching buyers and sellers across every state.
Get clear guidance on funding options so you can move forward with confidence.