Beach Front Resort For Sale

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Listing ID: 700151013

Listing Title: Beach Front Resort For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=151013

Industry: Hotels and Holiday Accommodation

Industry Segment: Holiday Resorts

Country: Thailand

State / Province:

Area

City: Koh Phangan

Asking Price Range: $5.0M - $10.0M

Gross Revenues: $907,000

Cash Flow: $407,000

Cash Flow Type: EBITDA

Year Established: 2008

Number of Employees: 10 - 19

Business Description:
Nestled on a long lovely stretch of curving beachfront with small sand dunes, lined with swaying coconut trees, this 3 years old resort is located on one of the most beautiful and well-known beach of Koh Phangan island. It offers 46 deluxe accomodations tastefully decorated, spacious and comfortable, from the standard room till the beachfront pool villa, on a beautiful land of 3.3 Rai. This resort is the only one on the beach which profit from a private 95 metres beachfront for its customers, in addition to the main restaurant of 100 seats, a BBQ restaurant of 90 seats, a huge common swimming pool with free chlorine system, spa and massage services, and all additional services corresponding to a 3 4 stars resort. This profitable business generates this year yearly incomes of 27 Millions Bath for a Cash Flow of 12 Million Bath, with a steady increase of the activity and results since the opening. This resort is now available on the market on freehold basis, land, buildings, activity at the attractive price of 175 Million Bath. Informations : Number of rooms : 46 Land size : 3.3 rai - 5280 sqm Number of employees : 16 Chanote Title : Yes Monthly rent : Free Hold Bases - Land - Buildings Furniture, Fixtures & Equipment : Inventory at Cost : 200,000 Baht Annual Receipts : 27,200,000 Baht Annual Profit : 12,200,000 Baht Asking price : 175,000,000 Baht - $5,833,000 Email or call Gilles at (+66) 08 418 31 909 , Siam Business Broker for more information on this resort for sale.



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