Resort

[SunbeltAsiaAdvisor]

Resort

Location: Koh Samet

Listing ID# BKK13962

Price: 4,000,000THB

BUSINESS SUMMARY

This Resort was only established on Koh Samet less than a year ago, but trade is already proving brisk. Located on the waters edge overlooking the mainland, the resort consists of 7 large bungalows split into 2 double bedrooms with en suite and 6 single bungalows also en suite. There are a total of 20 rooms, with 12 of these being air conditioned and 8 having fans. There is also a small house which would provide ideal living quarters for either the owner or staff. If results to date were to be projected through then end of year receipts would total approximately 3,360,000 baht and would yield net profits of roughly 2,316,000 baht. The resort features a bar, on the waters edge which serves cocktails and has UBC for sports. The owner and his wife are delighted with the project, but have recently decided to return to Europe, due to pregnancy. They are currently still working on the enterprise however, and are constructing a steak house which is expected to generate an extra 200,000 baht per month. A highly desirable location has been secured, with the resort overlooking the sea while still being close to the island’s main village, which is just five minutes walk away. An alcohol license has also been granted for the resort’s bar and restaurant. Monthly rent of 55,000 baht is payable, and monthly salaries total 20,000 baht for three full time employees. Asking price: 4,000,000 baht.

[sunbelt][/sunbelt]