Bangkok Hotel, Bar and Restaurant available for sale

: Hotel, Bar and Restaurant in Bangkok :

44,000,000 THB

Listing ID# BKK15862


BUSINESS INFORMATION

Province Bangkok
Country Thailand
Business Type Hotel, Bar and Restaurant
Business Started 2018
Employees 12 Person

FINANCIAL INFORMATION

Annual revenue: 18,500,000 Baht
Payroll: 180,000 Baht
Furniture, Fixtures & Equipment
included in the Investment Price:
20,000,000 Baht
Your Total Investment to own this business: 44,000,000 Baht
Your Initial Cash Investment Needed: N/A
Inventory included in the Investment Price: N/A

BUSINESS SUMMARY

This well-reviewed hotel is in the heart of the Asoke area, a few minutes walk from Terminal 21 and both the MRT and BTS. The owner of this hotel has put in a lot of effort to boost its visibility in the year that it has been open and it generally reaches 85 percent occupancy. This is a great opportunity to walk into a turnkey business. The location cannot be beat, and the rooms are comfortable and tastefully decorated. Every room has air conditioning and a safe, deluxe rooms have refrigerators, there are two family suites out of the 33 total rooms so the hotel can cater to every need. The ground floor size is 145 sqm and Floor 1-4 is 790 sqm. Total space is 935 sqm.

The rooms are soundproofed from the restaurant downstairs which has earned a reputation for good food, friendly staff, and a chic industrial style. The business has a serviced apartment license and offers rooms by the month. Each room has key cards and a POS system. There are 7 more years on the lease with a monthly rental of 300,000 baht. There are 12 employees and wages of 180,000 baht.

The owner has invested much time and effort in the business and is ready to try something new.

ASKING PRICE: 44 million baht 


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