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Gili Meno - Meno Mojo Beach Resort For Sale

Gili Meno, Nusa Tenggara Barat, Indonesia
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Meno Mojo Beach Resort is located on the beautiful tropical island of Gili Meno. Meno is one of the famous Gili Islands located just off the main coastline of North Lombok. It is the quieter of the 3 islands and is renowned for being the best destination for honeymooners and families looking for pristine beaches, tropical warm waters and an abundance of marine life. Meno is very popular also for snorkelling and scuba diving. Tourism is growing year by year, we expect 2020 to be a bumper season with a growing market from Australia and Europe.

Meno Mojo Resort consists of 7 waterfront apartments, 1, 2 bedroom villa, Beachfront restaurant, bar, kitchen and front office. There is also 1400 sqm of vacant land behind the apartments and is where another 10 villas, swimming pool and poolside restaurant and bar will be constructed.

We are not requesting full payment up front. All we require is a usd 2000.00 holding deposit (refundable) and when a % shareholding on offer is taken up a request for stage payments will be issued as follows;

Payment of funds will be required in stages as the construction phases progress.

Stage one usd 39,000 - 50% which will take the project through to the 50% completion mark.
Stage two usd 27,300 - 35% which will take the project through to the 75% completion mark.
Stage three usd 11,700 - 15% Which will be paid to the contractor on completion of the project. .

We estimate the total construction time will take approximately 8 - 10 months.

Please view our investment website www.iimm.co.id for detailed information.

Once completed, Meno Mojo will become one of the most sought after resorts on the island.

Please note this is a business for sale. Complete the contact seller form for more information.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Owner will be entitled to a 7 day free stay per annum. High season exclusions apply.

Location:

Waterfront location, 600 metres from the main harbor on the east coast of Gili Meno

Premises Details:

7 waterfront apartments, 1, 2 bedroom villa, beachfront restaurant, cocktail bar, kitchen, front office .

Size in square feet:
2250 sqm
Planning Consent:

Government permits have been obtained to build the resort. All other licenses such as resort operations, alcohol and restaurant ops have been obtained.

Business Operation

Expansion Potential:

There is 1400 sqm of land behind the existing apartments which is where we will build the 10 new villas, swimming pool and restaurant. Please refer to the investment website www.iimm.co.id for detailed information.

Competition / Market:

There are only 2 other waterfront resorts in the same star rating as Mojo. The only way to deal with competition is through providing good service and superior rooms. In addition to this we have an aggressive marketing team that constantly advertise and communicate through online and offline travel agents. We will soon be launching a new social media campaign that will be ongoing throughout the year.

Reasons for selling:

Contact seller

Trading hours:

Seven days a week 7 am until 11pm

Employees:
8
Years established:
July 2018

Other Information

Support & training:

Not applicable

Financing available:

not applicable

Furniture / Fixtures value:
$1,478,500 (USD) - included in the asking price
Inventory / Stock value:
$20,000 (USD) - included in the asking price
Website:
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