GlobalBX
GlobalBX Lite Edition Search 1000s of Businesses For Sale.  
Buy a Business, Sell a Business, and find a Business Broker here.  

Welcome to the GlobalBX Directory. This is a just small sample of our Hotels listings from our 46,138 businesses for sale. If you are looking to buy a business or sell a business, we can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, research a franchise opportunity, get a commercial loan, or find a business broker. Click Here to access our full site.

Sell Your Business - Free Listing! Get Business, Equipment and Commercial Real Estate Financing Sell Your Business or Real Estate Note


Businesses For Sale   >>   Hotels Businesses For Sale

153 Room Hotel For Sale

Location  Thailand
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $600000
Net Profit / Cash Flow  $250000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2002
Number of Employees  50 - 99
Relocatable  No
Number of Employees  50 - 99
Real Estate  Owned

Description  
This 153-room hotel is three years old and located on a large lot set back only 20 meters from Second Road in the heart of Pattaya. The owner must put it up for sale to concentrate on his other hotel properties in other parts of the country. Situated on almost two rai of land the hotel has a large car park and pool area and the building is 10 stories, giving the upper floors commanding views of the ocean and city lights of Pattaya. There are several retail spaces on the ground floor in addition to a 90-seat restaurant that has some seating outside next to the pool. There are 134 superior rooms at 26 square meters and 19 deluxe rooms at 44 square meters. Walk-in rates are 1200 and 1500 baht for the two sizes. Occupancy is averaging 60% year round. In addition to the main building there is an additional building on the property that the owner is now leasing but which could be purchased and which contains retail space on the ground floor and 46 rooms above that rent out for 5-600 baht per night. The monthly lease is 80,000 baht and the new owner is not obligated to take over the lease, however he may do so, or else the building could be purchased from the owner. The land is valued at US $1,000,000 and the building is valued at US $2,750,000 Annual revenue is US$600,000 with profits of US $250,000. There are 90 employees with a monthly payroll of US $8,333. This property is priced to sell now at only 165 million baht. All serious enquiries should be made soon because this property will not last long in Pattaya's hot real estate market. (Ref: TH054/05). Email or contact Tom at 01-832-9921 for more information on this on this Hotel business for sale.


Click Here To Contact Seller


For more opportunities like this go to:
All Hotels and Holiday Accommodation Businesses for Sale
Camping and Parks Businesses for Sale
Guest Houses, Bed and Breakfast Businesses for Sale
Holiday Resorts Businesses for Sale
Hotels Businesses for Sale
Motels Businesses for Sale
Other Hotels and Holiday Accommodation Businesses for Sale
Other Thailand Businesses for Sale
Search Businesses For Sale

Get Free Information on all of the Top Franchises

Get a Business Loan, Find Commercial Lenders

NEWSLETTER

Sign up for Free Industry-Related News on Business and Franchise Opportunities



Get Free Franchise Information!




© 2001-15 GlobalBX. All rights reserved.