Resort Close To Beach In Pattaya

[SunbeltAsiaAdvisor]

Pattaya Resort Close to Beach

Location: Pattaya

Listing ID# BKK14251

Price: 26,000,000THB

BUSINESS SUMMARY

Pattaya Resort Close to Beach

An opportunity has arisen to acquire a 12 room resort located in Bangsaray. Located only half a kilometer from the beach, this resort has become a popular destination for tourists and Thais since opening two years ago. The sale price includes 1200 square meters of land owned by the resort, and the main building measure 450 square meters in size. The business has a website with an online booking system, which has assisted in securing reservations from tourists. The occupancy rates for the high season averages 70% and the owner is currently undergoing advertising through local TV channels, websites and signage to further promote the resort.

There are currently 5 full-time employees working in the business, with a total monthly payroll of 35,000 Baht. There is parking facilities available at the resort for guests and the owner is willing to include a Thai limited company as part of the sale price at the request of the new owner. Each room has cable TV, A/C, wireless internet, hot water and personal DVD players. There are various facilities at the resort, including a swimming pool, whirlpool and a poolside restaurant and bar. Receipts for the previous financial year totaled 3,100,000 Baht, from which the business garnered a net profit of 1,100,000 Baht. The value of the furniture, fixtures, equipment, inventory and land included in the sale price is estimated at between 16,000,000 - 20,000,000 Baht.

Asking Price: 26,000,000 Baht

Making your dreams of being an entrepreneur a reality

26th Floor Fortune Town

CP Tower 2, 1 Ratchadaphisek Rd

Din Daeng, Bangkok 10400

(Phra Ram 9 MRT Station Exit 1)

Tel: 02-642-0213

Fax: 02-641-1995

Website: www.sunbeltasiagroup.com

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