Hotel On Sukhumvit Road

Listing ID: 700257740

Listing Title: Hotel On Sukhumvit Road

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Industry: Hotels and Holiday Accommodation

Industry Segment: Hotels

Country: Thailand

State / Province:


City: Bangkok

Asking Price Range: $20.0M - $35.0M

Gross Revenues: $3,420,000

Cash Flow: $2,000,000

Cash Flow Type: EBITDA

Year Established: 1992

Number of Employees: 50 - 99

Business Description:
HIGHLIGHT Sit in the heart of eastern Bangkok, our hotel is located on Soi Udomsuk 17, Sukhumvit 103 Road with only 5 mins (half miles) from the nearest Bangkok Skytrain, Udomsuk Station. And only 30 mins away from Suvannabhumi Airport. Easy access to multiple expressways. NEARBY ATTRACTIONS Surrounded by various attractions and shopping arcades. Our guests can enjoy shopping at Mega Bangna and IKEA, Central Bangna Department Store, Paradise Park, Seacon Square, and Bangkok Mall (currently constructing). Moreover, several famous golf clubs are nearby. Our guests can enjoy golfing in various professional golf courses. We are only 10 mins from Bangkok International Trade & Exhibition Center (BITEC) where many important events are held all year round. These events attract traveler, investors, entrepreneurs, business owners, industrial companies, and more. PROPERTY FEATURES Our hotel consist of 3 buildings which are Hotel Building, Spa Massage and Fitness Building, and Office Building. 1) Hotel Building - 11 floors - 55.8 x 288.7 ft. - Approximate area of 177,204.1 sq.ft. - 2 elevators - 429 hotel rooms - 2 ballrooms on 11 floor - 2 conference rooms - 1 restaurant - 1 Thai Massage Parlor - Roof-Top Swimming Pool 2) Spa, Massage, and Fitness Building - 5 floors - 98.4 x 59.1 ft. - Approximate area of 29,077.2 sq.ft. - 1 Elevator - Fitness center with hundreds of professional fitness equipment - Thai Massage and Spa center, fully decorated - Sauna Room, Steam Room, and Jacuzzi 3) Office Building - 5 floors - 78.7 x 59.1 ft. - Approximate area of 23,255.9 sq.ft - Currently used as offices and store management Parking lot of 200 cars capacity. ASKING PRICE 25,000,000 USD (Negotiable)

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