Chiang Mai Guesthouse and travel agency available for sale

: Guesthouse and travel agency in Chiang Mai :

1,600,000 THB

Listing ID# BKK15948


Province Chiang Mai
Country Thailand
Business Type Guesthouse and travel agency
Business Started 2013
Employees 2 Person


Annual revenue: 2,749,000 Baht
Payroll: N/A
Furniture, Fixtures & Equipment
included in the Investment Price:
Your Total Investment to own this business: 1,600,000 Baht
Your Initial Cash Investment Needed: N/A
Inventory included in the Investment Price: N/A


The current owner of this popular guesthouse in the heart of Old Town Chiang Mai is selling due to health reasons. However, this backpacker style guesthouse is in a great location, walking distance from all the major destinations in the old part of the city. Guests can stroll down the scenic winding streets and visit temples, restaurants and more.
Established in 2013 with both a guesthouse and travel agency, the business has excellent ratings on TripAdvisor HostelWorld and
The premises consists of 25 rooms over two buildings. There is a large rooftop area for guests with the option to open it as a small restaurant or breakfast area. There is a second rooftop area on the other building that serves in-house laundry and service. All rooms are fan and ready to rent out. There are 10 basic rooms (2 singles and 8 doubles) with no hot water and 15 standard rooms (11 doubles, two twins and two singles) with hot water.The travel agency and reception area has a seating area, two maintenance rooms and one private room used for laundry and the office. 

Sales have averaged 2.75 million a year generating 1.32 million profit. There are two part-time and two full-time employees with a total payroll of 30,000 baht and monthly rent is 52,500 split between two landlords. The deposit of 320.000 Baht and all furniture and equipment are included in the price. The Limited Company can be transferred for a further 50,000 baht.

ASKING PRICE: 1.6 million baht.

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