Location: Patong, Phuket, Thailand
· Building: New 7 floor building with entry from the ground level
· Rooms: 26 Rooms (30m2 to 38m2 each), 5 rooms per floor configured as 4 doubles and 1 twin (per floor)
· Features: Excellent location near Ubon Market (Makro) . New and beautiful building (3 years old), close to many restaurants. The guest-house has just been perfectly renewed (sept. 2015) and it is fully operational, fully furnished, has a working elevator and has been tastefully decorated with quality timbers. All the rooms have 32” flat-screen TVs, minibar, safebox, hot and cold showers, window, balcony, 2nd outdoor sink and air-conditioning. There is a security camera on all floors, and a small but beautiful bar at the reception with music, large screen with projector, a counter and seats outside. The large roof top is ready to develop with a swimming pool, Jacuzzi or small restaurant/bar. A double set of towels and bed sheets per room are included. The bar has just been equipped with a brand new refrigerator, juice machine, blender, electric oven, toaster, water boiler, drinks, glasses and so on, and it is fully operational.
· Tenure: Sign directly with the Landlord for the remaining 11 years.
· Staff: Currently 5 Staff with a combined monthly payroll of 50,000 baht
· Licenses: Guest-House, Food, Alcohol, Tobacco and Music licenses included
· Stock: Stock remaining at time of settlement is included in the price
· Online: Listed on major booking channels – agoda, booking.com, expedia, letsbookhotel, etc. Rated on Trip Advisor in the top 35% of ‘Inns in Patong’. Current rate on Booking and Agoda is 8,7 (“Fabolous”). A Channel Manager with PMS is included.
· Rent: 1,800,000 per year to pay directly to the landlord once per year on July.
· Utilities: About 33,000 baht a month
· Parking: small parking for Motor Bikes
· Business Operational: Yes – operating since September 2014
· Revenue: 500,000 baht to 900,000 baht a month depending upon season
· Net Profit: 150,000 baht to 400,000 baht a month depending upon season
· Financials: May be made available to genuine buyers, only after inspection
· Asking Price: 2,5 million baht + remaining rent paid until July 2016
· Price Negotiable: Yes, near offers will be considered
· Security Deposit: No.
· Sale Terms: 10% non-refundable deposit (to secure the business and remove it for sale) and the balance within 30 days. Ownership does not transfer until payment has been received in full
|Living area||0.00 m2|
|Sea distance||1.50 km|