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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