Resort For Sale

Listing ID: 700130090

Listing Title: Resort For Sale

Quick Link:

Industry: Hotels and Holiday Accommodation

Industry Segment: Holiday Resorts

Country: Thailand

State / Province:


City: Chaweng Koh Samui

Asking Price Range: $250K - $500K

Gross Revenues: $55,000

Cash Flow: $46,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2007

Number of Employees: 1 - 3

Business Description:
The resort for sale has 12 houses: -10 houses for rent 2 floors * 32m2 = 64m2 -1 house for the owner one floor: 50m2 -1 staff house about 30m2 which could be rent Each house for rent has 2 floors, 1 air-con bedroom with safety lock, 1 cooking-room, 1 bathroom, 1 salon with sofa and satellite TV, wireless available from every houses. Resort has : -Swimming pool -Parking area -Pool table, game area -Restaurant and breakfast area with wood-oven and gaz-oven -5 motorbikes for rent ( per day about 200 bahts and 350 bahts for new Honda ) Houses are rented per day : 800 bahts, but have many long-term customers too, in this case it's around 16.000 bahts per month. Open since 2007: No agreements with travel agency, no website,only some ads outside and people i know, occurancy about 85% on 1 year. Net Results for 2008: 1.300.000 bahts Net Results for 2009: 1.500.000 bahts Net Results expected for 2010 : 1.750.000 bahts Only 1 staff: salary about 6,000 bahts Electric about 10.000 bahts per month Water free The resort sit on 1,600 m2 of land, on freehold status, no rent, no lease, it's an own property.

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