60 Room Hotel For Sale
Location Thailand
Asking Price Range $1.0M - $2.5M
Gross Revenues $320000
Net Profit / Cash Flow $80000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 35 - 49
Relocatable No
Number of Employees 35 - 49
Real Estate Owned
Description This 60-room hotel in northern Thailand is only five minutes from an airport in a prime downtown location. Situated on one rai of land, the property contains a restaurant and employs 40 staff. The hotel has been in business for 10 years and the average year round occupancy rate is 60%, generating revenues of 8 million baht and profits of 2 million. Room rates range from 500 to 1000 baht per night. The selling price of the hotel is 79 million Thai baht. (Ref: TH110/05). Contact for more information on this Hotel business for sale.
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