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Businesses For Sale   >>   Vietnam Businesses For Sale

Development Wanted: Complex Of Centers

Location  Vietnam
Asking Price Range  > $35.0M
Gross Revenues  $200000000
Net Profit / Cash Flow  $10000000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2008
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Clean all paperwork until brand-new license.
Reason for Sale  Calling for investment.

Location: Ba Son Shipyard Cluster, Ton Duc Thang Boulevard, Ben Nghe Ward, District 1, HCMC, Vietnam. Total investment area: 22.5 ha Price (per square meter): US$ 12,500 (in contract) + US$ 1,000 (services cost) = US$ 13,500 Objective: Complex of - Financial centers, - High-grade trading service centers, - Hotels, - Houses, - Observation tower, - Restaurants, - Cultural entertainment center. Period of Land Using: - Foreign Investors: 50 years. - Joint Venture Investors: 70 years Floor-space condition: shipyard and factory. Construction Density: 50% - 60% Construction Height: 70 - 80 storey, 3 underground floors. 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. As planned, the Ba Son Shipyard must hand over the site to the HCM City Management Board for Urban Railways by 2010 for building metro route No. 1, work on the Japanese-funded project. Expansion potential: - Face two boulevards: Ton Duc Thang and Nguyen Huu Canh; - Riverside; - Good infrastructure: shipyard and factory; - Hand over the site to the HCM City Management Board for Urban Railways by 2010 for building metro route No. 1. Work on the Japanese-funded project; Contact for more information on this Development for sale.

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