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73 Rooms Hotel In Krabi Thailand
Location: Thailand -> Ao Nang, Krabi
Industry: Hotels and Holiday Accommodation > Holiday Resorts




Business Summary

The property is a 3-star hotel for sale, on 1.58 acres (about 4 Thai ray). The first units were built starting from 1997. New buildings were added and completed in 2001. About 25 two-story cottages, with 2- 4 rooms each, in a tropical garden.

Location: The resort is located off a quiet road in Krabi Muang zone, Thailand, within walking distance from two large beaches. There are hundreds of tropical (national park property protected) islands that can be visited within less than an hour by boat, which are some of the biggest attractions of this area. This location has seen a huge development in the last 10 years. A new airport was built in Krabi in 2003 and was soon expanded to host international flights in 2005. This is a paradise on our planet, and one of the most beautiful places in Thailand.

Land: The property is 1.58 acres (about 4 Thai ray). Jungle vegetation is visible in our gardens since we protected our trees and palms during and after the construction. We house a variety of tropical plants, including banana trees and orchids of many kinds. Everything as stated on the Title Deed (Chanotte Ti Din ).

Rooms: 77 rooms, with air conditioning, TV-double DVD- satellite, fridge, mini-bar, fan, hot water and telephone.
Service: Two swimming pools and Jacuzzi (all wireless fast Internet connection served), two bars (all wireless fast Internet connection served), restaurant with terraces 60 sets and full equipped kitchen, snooker.
Documents available: Hotel Certificate, Environment Certificate, Property Chanotte Ti Dinand (Title Deed) Lay-Out, Property Appraisal, Company Title Deed.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $2,000,000
Cash Flow:   $1,000,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1999
Number of Employees:  50 - 99
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

Photos

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73 Rooms Hotel In Krabi Thailand Photo 1 73 Rooms Hotel In Krabi Thailand Photo 2 73 Rooms Hotel In Krabi Thailand Photo 3




Print Listing Id: 70094460
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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