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Businesses For Sale   >>   Thailand Businesses For Sale

Hotel For Sale

Location  Thailand
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $350000
Net Profit / Cash Flow  $150000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1997
Number of Employees  35 - 49
Relocatable  No
Number of Employees  35 - 49
Real Estate  Owned

Description  
Situated on 11 rai of land in northern Thailand, this profitable business is only 1.5 kilometers from the nearest airport and consists of 55 guest rooms and a restaurant. Thirty three of the rooms are fan-cooled and 22 are air-conditioned. The air-conditioned rooms are priced at 500-1,200 baht per night and the average occupancy of the hotel is at 60% year round creating total revenues of 14 million baht annually and profits of 6 million baht. There are 37 employees with a monthly payroll of 126,000 baht. There are also snooker and karaoke facilities and a meeting room. The selling price of this property is 60 million baht. Contact for more information on this Hotel business for sale. (Ref: TH142/05)


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