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Businesses For Sale   >>   Hotels Businesses For Sale

Bangkok Hotel For Sale

Location  Thailand
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $3000000
Net Profit / Cash Flow  $1500000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1980
Number of Employees  50 - 99
Relocatable  No
Number of Employees  50 - 99
Real Estate  Owned

Description  
This three star hotel sits within Bangkok's prime tourist zone, in one of the major streets leading off Sukhumvit Road. With great shopping and entertainment areas all around, this hotel is positioned well, and is very close to the Skytrain and in close proximity to embassies, banks and the Queen Sirikit National Convention Centre. It is within easy walking distance of entertainment areas and many restaurants as well. There are over 80 superior rooms, 20 executive rooms, and two suites. The hotel enjoys a 90% occupancy rate with about 80% of the clientele being Japanese. There's a parking garage and a small pool, the rooms are average sized and the rates go from 800-1500 baht. The selling price is 360 million baht. This prime property will not last long. Contact for more information on this Hotel business for sale. (Ref: TH173/05)


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