Guesthouse, Bar And Bistro

[SunbeltAsiaAdvisor]

Guesthouse, Bar and Bistro

Location: Hua Hin

Listing ID# BKK13893

4,500,000THB

BUSINESS SUMMARY

Located in a picturesque and tranquil area five minutes from the centre of Hua Hin, this Guesthouse contains 10 guestrooms, a bar and a bistro. Approximately 2,500,000 baht was spent on refurbishments and renovations when the owner took over recently, but he has found that he doesn’t have the time to take care of the enterprise properly due to other business commitments. All the rooms have been revamped and now feature new fridges, televisions, beds and furniture. Occupancy rates have been growing steadily and currently average approximately 65 percent. A website is in the process of being constructed to generate an internet presence with the aim of increasing bookings. The area has become very popular in recent times, with many tourists choosing to spend their days relaxing on the pristine white sand beach which is just a short stroll away. Monthly rent of 60,000 baht is applicable and monthly salaries total 12,000 baht for three full time employees (five other staff members work on a commission basis). Asking price: 4,500,000 baht.

[sunbelt][/sunbelt]