Luxury Hotel For Quick Sale Western Design in Malang City Culinary Center

Specification

Description

LUXURY WESTERN DESIGN HOTEL WITH 20 SUITEROOMS IN MALANG CITY'S CULINARY CENTER The first modern Colonial-themed accommodation in Malang city, standing on 330 m² of land Total area 550 m² A hidden paradise amidst the hustle and bustle of Malang city Has been a filming location for several feature films and a stay for several renowned artists from the capital Winner of several national travel tour awards Number of rooms 20 All suite Colonial rooms Room size 15.5 m² 1 FOH 1 BOH 1 meeting room 100 m² 1 de Colonial restaurant 1 people's market cafe Security post Silent genset Complete legality Full permits Designed by experienced architects High occupancy and tenancy rate Monthly calculation 20 suite Rooms x 3 million x 12 months = 720 million /year Daily calculation 20 suite rooms x 300 thousand x 365 days = 2.19 billion /year Average annual calculation: If there are monthly and daily rates and occupancy is only 60%: (720 million - 2.19 billion) x 60% = 1.746 billion /year Expenditure for 4 employees 2.5 million x 4 = 10 million / month or 120 million /year Net income: 1.746 billion - 120 million BUYER COMMISSION FREE