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Recreation For Sale (Manado, Propinsi Sulawesi Utara, Indonesia) Asking Price:£Available on Request

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Recreation For Sale


Revenue £Available on Request, Net Profit £Available on Request, Established 2003

30 min outside of Manado, North Sulawesi. 
Complete facilities for accommodation and scuba diving. 
Attractions: National Marine park Bunaken, various land excursions, overall leisure. 
 
features: 
4 x chalets 48 m2 (terrace, bedroom, bathroom, entrance hall, toilet) (2003) 
1 x family chalet 100 m2 (3 rooms with own terrace and bathroom) (2010) 
1 x restaurant/bar/kitchen/office building 160 m2 (2008) 
1 x residence for owner/manager 290 m2 (2000) 
1 x work shop 45 m2 (2000) 
1 x general purpose staff house 31 m2 (2000) 
1 x infinity pool 150 m3 (2008) 
 
Complete infrastructure: 
roads, electricity connection, telephone, WiFi, own water supply (2 wells) and storage, effective drainage system, waste water treatment with waste water gardens, beautifully landscaped botanical gardens, partly fenced by wall. 
Good opportunities for expansion. 
 
Including solid 180 meter long pier with private harbor and landing stage (2001). 
1 x dive center building 180 m2 (2003) 
Covered, motorized slip way for 15 tons ships (repair and building) 
 
Company structure is PMA with 100% foreign ownership. 
(currently tourism is on the list of negative investment in Indonesia, meaning only 49% of the shares can be invested as foreigner. Since this PMA still has the old structure with 100% foreign investment, it can be taken over as such) 
 
PMA owns the land certificates: 23765 m2 and 1678 m2 (pier, reclaimed land). Both HGB rights, which is unique for the pier. 
(HGB is a real property right, and by definition is recorded in the land registries and appears on all land title certificates. It may be transferred to third parties by sale, gift or inheritance, and may be used as collateral for local mortgage financing) 
As a foreigner in Indonesia regarding (land)ownership, this is as close as you can get. 
 
Current employees: 25 
Fully licensed. 
Other assets: 
13.5 meter custom build, inboard powered dive catamaran. 
50 KW back-up generator. 
2 dive compressors. 
125 tanks. 
Dive equipment. 
Various tools. 
3 cars. 
Approx. 3000 m2 of the property is planted with mahogany and teak trees. (2003) 
 
All in excellent and running condition. 
Number 1 on Trip Advisor for the last 2 years. Winner Trip Advisor travelers award 2012 and 2013. 
Currently more inquiries than availability. 
Open mind for training, support and transition details. 
Reason for selling: retirement. 
Price for complete take-over 2.1 million euro.

Business Information

Number of Staff

25

Ownership

Yes

Any Expansion potential

Yes if needed

Reasons for selling

Retiring.

Any Inventory / Stock value

Yes

Is this a home-based business

No

Property

Yes

Telephone

Business Location details

Sulawesi Utara

Competition / Market

Business/Market

Trading hours

Yes

Any Support & training

Available

Any Furniture / Fixtures

Yes

Any Living Accommodation

Yes

Can this business be relocated?

No

Is this business part of a franchise?

No