Resort For Sale
Location Thailand
Asking Price Range $2.5M - $5.0M
Gross Revenues $275000
Net Profit / Cash Flow $175000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2001
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Description A beautiful resort in a natural setting on the beach is now available for purchase in the up-and-coming Prachuap Khirikan area. This four year old business is situated on a 17 rai plot of land with 100 meters of prime beachfront. Only about 7 rai of land is currently being utilized leaving 10 rai for future development. There are now 39 villas and 10 hotel rooms on the property with room rates ranging from 1,500 to 8,500 baht and room sizes ranging from 40-160 square meters. Revenue averages 900,000 baht per month with expenses at about 250,000 leaving an annual gross profit of about 7,800,000 baht.
Among the many advantages that this property possesses are its close proximity to the railway station and the fact that it falls within the town municipality so that basic services are all available. Also, the beach is completely unspoiled, with fine sand, and is very quiet, long and safe for swimming, with only mild currents. There are a number of tourist attractions nearby and other recreational activities (that also generate revenue) such as diving, Thai massage, karaoke, bike rentals and car rentals.
There are many more photos available as well as detailed financial information for serious inquiries into this property. With capital for expansion and a top-quality marketing approach this could be a very lucrative business for many years to come. The selling price is 120 million baht. Contact for more information on this Resort business for sale. (Ref: TH134/05)
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