Sa Kaeo Bungalow Resort & Restaurant For Sale

[SunbeltAsiaAdvisor]

Located in one of Thailand’s most beautiful country towns, this Resort is within three hours drive of both Bangkok and Pattaya. The freehold property consists of eight air-conditioned bungalows with en-suite bathrooms, a fully equipped restaurant, a large fully stocked fish pond with fountain, a staff accommodation building and a free standing European style four bedroom house.

The entire complex sits on over five rai (8,000 square metres) of flat useable land with a mango and longan plantation and well tended gardens. There is also an outdoor badminton court and a large shade house for growing ferns. Three main dining and entertainment areas are provided: the main pavilion measures approximately 150 square metres and seats 60, while a large shaded dining area measuring around 80 square metres seats 18 and a dining area in the garden next to the fish pond accommodates another 60 guests.

The resort was previously operated as a family business, but the owner now finds himself running the enterprise alone due to a change in circumstances, and is consequently looking to move on. Six employees are in place, earning a total monthly salary bill of 50,000 baht. The resort was established six years ago, and is currently earning net profits of 405,000 baht per annum after all deductions are taken into account. Total annual receipts of 1,480,000 baht are coming in, and as no rent is applicable overheads are kept to a minimum.

Asking Price: 17.5 million Baht

Listing ID: BKK13901

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