BRAND NEW IPOH CITY CENTRE BUSINESS HOTEL FOR SALE, Bukit Bintang, KL City Centre

BRAND NEW IPOH CITY CENTRE BUSINESS HOTEL FOR SALE

- BUILT UP 20 X 85 SF
- 33 ROOMS
- 9 FLOOR
- BRAND NEW
- FREEHOLD
- FULLY FURNISHED
- LICENCE READY ( APPROVAL FOR BUILDING, BOMBA & MBI - MASJIB BANDARAYA IPOH )
- OPENING SOON
- ASKING 10 MIL ONLY
- WALKING DISTANCE TO CITY CENTER
-PASS THE TOURISM MALAYSIA INSPECTION AND AWARDED AS 3 STAR HOTEL
-AVERAGE OCCUPANCY 75%
-ONE OF THE COMPETITIVE HOTEL IN ONLINE BOOKING ( AGODA ,BOOKING.COM ,EXPEDIA , HOTEL.COM ETC..)

OTHER SELLING POINT OF HOTEL:
Hotel is located perfectly at Ipoh city center whereby surrounded by many historical
attraction such as old town, city town hall and so on.

Hotel was also surrounded by 24 hours mini mart like 7 Eleven, eateries such as 24
hours KFC, Pizza hut, and Chinese, malay and Indian eatery.

Hotel has their own corporate guests like AIG, Public Bank, KFC, travel agencies and
many more.

Occupancy & average monthly income with P&L:
Hotel as an average occupancy of 75% each month and can easily go up to 100%
during peak season such as school holiday, public holiday & also major events in Ipoh.
The room rate also comes with weekday, weekend and peak season rates. Hence there
will be more income during the peak season. Z hotel wish to highlight that the room rates
are ranged from RM 85 till RM 680. Average monthly income and P&L are stated in
another attachment and only for interested buyers.
hotel major expenses are as below:

1. Salary (average total salary RM 7000+ - /month )
2. TNB, Telekom, Lembaga air perak (average RM 3000/month)
3. Laundry (average RM 800/month)
4. Others i.e maintenance usage, news paper, house keeping items, etc (RM
500/month)
Room rate for hotel (weekday rates only):
President Suite : RM650.00 Deluxe King : RM240.00
Studio Duplex : RM550.00 Deluxe Twin : RM170.00
Family Duplex : RM650.00 Family Quad : RM268.00
Soho Studio Duplex : RM450.00

KINDLY PLEASE CONTACT SIMON YANG 0***** FOR MORE INFO