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Development Wanted: Stores, Showroom Centers
Location: Vietnam -> Ho Chi Minh
Industry: Real Estate > Other Real Estate

Business Summary

Location: Triangle of Tran Hung Dao, Pham Ngu Lao, Ky Con Street, District 1, HCMC, Vietnam.

Total investment area: 1,800sqm

Price (per square meter): US$ 25,000 (in contract) + US$ 1,000 (services cost) = US$ 26,000

- Office buildings,
- Trading centers,
- Department stores,
- High-grade showroom centers.

Period of Land Using:
- Foreign Investors: 50 years.
- Joint Venture Investors: 70 years.

Procedure: Proving Financial Capacity (by form).

Payment term: 3 stages (30%, 60%, 10%).

Payment form: Bank transferring.

Deposit & Earnest:
- Deposit: US$ 100,000 right after Memorandum of Understanding;
- Advance Security Money from Seller and Buyer: US$ 10,000,000.

Expansion potential:
- Face three streets: Tran Hung Dao, Pham Ngu Lao, Ky Con;
- Opposite park - car parking project;
- Close Ben Thanh market;
- Close to New World Hotel;
- Beside Ben Thanh Master Bus station;
Contact for more information on this Development for sale.


Asking Price Range:  > $35.0M
Gross Revenues:   $200,000,000
Cash Flow:   $10,000,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Clean all paperwork until brand-new license.
Reason For Selling:  Calling for investment.


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Development Wanted: Stores, Showroom Centers Photo 1 Development Wanted: Stores, Showroom Centers Photo 2 Development Wanted: Stores, Showroom Centers Photo 3

Print Listing Id: 70094744
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