Location Of The Project: Strand Road, Between Sagaing and Mingun (also referred to as Min Kun), Opposite Bank of Mandalay, Myanmar (Burma) and three other options in terms of possible location.
Above mentioned land area is the best location for a hotel with the river view. The land area is approximately 40,000 sq feet and there is no building yet. And we are going to build the land mark boutique hotel in Mandalay. See Google Map location at https://goo.gl/maps/ovspWUFX1VR2
Our client is looking for a foreign JV partner that can provide capital.
Total Loan Amount Required: US$ 10,000,000
Period of the Loan or Joint Venture: 6-7 Years
The overall calculation shows that
- Paid off the capital within 6 years.
- Moderate it into 7 Years for the long term survival, reusing income in the hotel.
- 17 % profit of total income guaranteed every year.
- And there are chances to expand.
The boutique hotel is targeting on a niche market which is not price sensitive and will be able to price at a premium even when the industry’s hotel room prices are going down. It will operate to its maximum potential during the peak seasons (Oct – March) and during the slow months (May – Sep) to focus on maintenance and staff training so that the staff will be ready for the next peak season.
The founder of the company is a Burmese citizen who studied in Australia and has years of hospitality experience.
Interested investor please fill up the form here