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Businesses For Sale   >>   Hotels Businesses For Sale

Hotel For Sale

Location  Thailand
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $800000
Net Profit / Cash Flow  $800000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1998
Number of Employees  50 - 99
Relocatable  No
Number of Employees  50 - 99
Real Estate  Owned

Description  
Located 100 kilometers south of Chiang Rai in beautiful countryside, this 108-room hotel is the only hotel in its immediate area. Its facilities include a swimming pool, a 200-seat restaurant, a disco that can hold 700 people, six meeting rooms holding from 10 to 500 people, two snooker rooms, a Thai traditional massage parlor consisting of three rooms and 18 beds, a karaoke setup with 8 rooms, a fitness club, aerobics room and a lobby bar. There is also a large staff canteen, a minimart, retail space and plenty of office space for management and admin staff. Of the 108 rooms, 100 are 32 square meters and 8 are suites of 51 square meters. The building is 11 stories and is located on 1.5 acres of land. Profits last year were approximately US$375,000 from total revenue of US$800,000. Contact us for the asking price of this property with great future potential. Email or call Tom at 661-832-9921 for more information on this Hotel business for sale (Ref: TH055/05).


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