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New Waterfront Resort In The Gili Islands For Sale

Gili Meno, Nusa Tenggara Barat
Asking Price:
$685,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
Not applicable

A brand new resort consisting of seven waterfront apartments, two bedroom villa ( 40% share ), beachfront restaurant, kitchen, bar, front office and 1400 sqm of vacant land in a prime position for future development. The resort has recently opened ( completed August last year ) with bookings coming in from Europe, U.K. and Australia. The region was hit badly by earthquakes last year and we are now seeing a full tourism recovery which includes new airlines flying into Lombok and tremendous support from the travel industry.

Some big announcements have been made which includes the construction of a Moto G.P. track with the first race scheduled for 2021. Air Asia have also announced that the airline will make Lombok Praya airport its 5th Hub in Indonesia. This will include new flight routes from Australia, Singapore, Yogyakarta and Bali.

This resort has tremendous potential growth and we will assist the new owner during the transition period after sale to secure offline travel agent bookings through existing contract with offline travel agents.

We are an established company on Gili Meno and have another resort and property on the island. Our company has an exceptional reputation and have been associated with Gili Meno and it's people for over 15 years. We look forward to receiving your inquiries.

Property information

Real Estate:

Lease

Location:

Meno Mojo Beach Resort is located on the east coast of Gili Meno, North Lombok. This is possibly one of the best beach front locations on the island with magnificent sunrise views and snorkeling on the reef at the front of the resort. There are no cars and motor bikes on the island but the resort is located on the main road just 600 metres from the main harbour.

Premises Details:

Stage one of Meno Mojo consists of seven waterfront apartments and 1x 2 bedroom villa. There is also a 60 seat beachfront restaurant, bar and plenty of sun loungers to relax on. Behind the waterfront apartments there is 1400sqm for further development.

Size in square feet:
2250 SQM
Planning Consent:

Government permits have been obtained to build the resort .

Business Operation

Expansion Potential:

Stage 2 planning is underway, there is 1400 sqm of vacant land behind the apartments. We are drawing up plans to build another 10 units, swimming pool and tropical gardens.

Competition / Market:

Meno Mojo has a very unique position on the island. it's isolated from the main toursist hub but has a lot of passing traffic ( people and horse and carts, no cars or motor bikes allowed on the island ) that stop at our magnificent beach front restaurant. there are no direct competitors within 500m of the resort.

Reasons for selling:

Contact seller

Trading hours:

Seven days a week 7 am until 11pm

Employees:
7
Years established:
July 20th 2018.

Other Information

Support & training:

We will provide all and any assistance required by the new owner for a smooth transition

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Can discuss with potential buyers

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price
Website:
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