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Asking Price$1,200,000
Revenue$240,000 Established2008
Cash Flow$150,000 Employees9 full-time
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Shades is a beautiful boutique resort with 10 rooms consisting of 7 fully serviced apartments and 3 deluxe studios. Situated 3 hours north of Ho Chi Minh City; Shades Resort is set on the waterfront of the magnificent Mui Ne Bay, which is fast becoming a destination to relax, enjoy fresh seafood and spend precious time with friends and family With the new highway, Mui Ne is a beautiful drive out of the city, along the coast to a favourite destination for Vietnamese and foreigners.

Blue skies, a warm pool and friendly staff, this is a wonderful opportunity for a future developer to expand this business. With a recent refurbishment on the property, Shades has a fully functional kitchen and restaurant area seating up to 40 people. As a going concern Shades Resort is a Fully stocked and operational property: Vietnam is fast becoming one of The Worlds Safest travel destinations, with amazing culture, wonderful food, friendly people and over all a spectacular array of scenery, Mui Ne can offer everything you need for that well deserved break.

With its prominent coastline, beachfront resorts, brilliant kitesurfing and bars, you will not be disappointed in sampling what the area has to offer. Enjoy visiting the Red or White Sand Dunes, fishing Village, markets, kitesurfing areas or simply indulge in the fresh seafood and foods available all year round. Early morning risers must head to the local fishing village to see the fishermen with their catch sorting through the days wares. Take a tour to the TaCu mountain which houses Vietnam's largest statue of the Reclining Buddha or simply grab one of the many Spa treatments the area has.
Shades brings in a wonderful diverse guest list of primarily Chinese, Korean, Singaporean, English, European and Australian plus many Vietnamese visiting for weekend getaways.
As a going concern, this is a rare opportunity, lifestyle and promise of a wonderful future for the right buyer
Facilities:As a going concern, Shades offers excellence in our European design, bar, pool and with only 10 serviced apartments, gives our guests privacy and relaxation we all deserve. Serviced daily, Shades sits on the oceanfront of the beautiful Mui Ne Bay. An added bonus of Owner/Managers 1 bedroom flat above the laundry 2 minutes away from Shades.
Competition:We are offering a western style breakfast only so resorts who offer full restaurant facilities and larger hotels can offer more rooms to entice bigger tour groups. Our service is excellent so we can often be at 100% occupancy where others are not. Check out tripadvisor. Certificate in Excellence 6 years in a row!
Growth Potential:Due to family illness, we are now only onsite a few months of the year. To promote Shades more, onsite owners would reap benefits of expanding the restaurant and bar. Marketing events and being more involved in local activities eg: Mui Ne Street Festival
Training/Support:With a full time overall Manager in place, Shades runs beautifully without management/owners if necessary
Seller Financing:No finance offered
Sale Reason:Due to ill health we have had to move to leave Vietnam
Ad #99342
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