|Business Type||Hotel and restaurant|
|Annual revenue:||6,000,000 Baht|
|Furniture, Fixtures & Equipment
included in the Investment Price:
|Your Total Investment to own this business:||3,500,000 Baht|
|Your Initial Cash Investment Needed:||N/A|
|Inventory included in the Investment Price:||N/A|
This lovely resort is fully licensed and within walking distance of the famed “River Khwai” or Khwae, as it’s known in Thailand, and 1.2 km from the famed Bridge, a major tourist destination not only for visitors but for local Thais as well. With a gorgeous garden and pool there are 15 bungalows, 3 family bungalows, 5 deluxe bungalows and 6 standard bungalows. Every bungalow has a private bathroom, mini bar, wardrobe, safe box, tea/coffee making set, free WiFi and comes fully air-conditioned. The standard and deluxe bungalows overlook the garden and the family bungalows are behind the swimming pool. The resort also books tours, and offers motorbike and bicycle rentals. There is a charming restaurant as well as a large 2 bed room house complete with full western kitchen.
The resort is one of the top-ranking in Trip Advisor and has an excellent feedback score on Booking.com. The resort occupancy this year been better and now up to 60% and July and August 70% and now booking till February next year. . With the right PR and marketing this resort could see much higher occupancy due to its high ratings. There are 9 full time employees and total monthly wages of 100,000 baht. The hotel has a lease contract to 2020, and pays rent of 240,000 baht every 6 months. Annual sales reach 5-6 million with profits of 1.5 to 3 million. The owner is retiring and believes the business could grow with a dynamic new owner.
ASKING PRICE: New Asking price 3.5 million baht
Foreign Business License
US Treaty Of Amity
Thailand Work Permit
Closing a Thai Company