SunbeltAsiaAdvisor 1 Posted September 22, 2010 Share Posted September 22, 2010 Bungalow Resort Location: Maehongsorn Listing ID# BKK14107 Price: 8,000,000THB BUSINESS SUMMARY This Bungalow Resort is located between Chiang Mai and Mae Hon Song in North West Thailand. The resort was only established about a year ago, after approximately 6,500,000 baht was spent to construct the bungalows, but the owner now wishes to move on because he wishes to expand an unrelated business venture. A website has been set up, and four full time employees have been hired on salaries totalling 17,000 baht per month. Around 2,000 square metres of landscaped leasehold land was acquired on rental terms of 18,000 baht per month and 13 bungalows were built, along with a reception area and a restaurant. Lovely river views are provided and early feedback has been very favourable. Full financial results to date will be provided for interested parties to examine. Asking price: 8,000,000 baht. [sunbelt][/sunbelt] Link to post Share on other sites More sharing options...
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