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Resort For Sale
Location: Thailand -> Chaweng Koh Samui
Industry: Hotels and Holiday Accommodation > Holiday Resorts




Business Summary

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.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $55,000
Cash Flow:   $46,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2007
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Relocation.

Photos

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Resort For Sale Photo 1




Print Listing Id: 700130090
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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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