Hotel For Sale
Location Thailand
Asking Price Range $2.5M - $5.0M
Gross Revenues $90000
Net Profit / Cash Flow $45000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1989
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Description The future potential for this property is tremendous considering the size of the land, 50 rai and the proximity to Chiang Mai - 48 kilometers. Comprising 19 bungalows and three multi-bedroom houses, this resort has been in operation for 15 years and shows annual profits of 1.8 million baht on revenues of 3.6 million. Average occupancy is 50% and the room rates range from 1,000 - 6,500 baht per night. The land is 540 meters above sea level and has beautiful hillside and river views. (Ref: TH121/05) Total Investment To Own: 120 million Thai baht. Contact for more information on this Hotel business for sale.
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