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Pattaya Hotel and restaurant available for sale

: Hotel and restaurant in Pattaya :

6,500,000 THB

Listing ID# BKK15804


BUSINESS INFORMATION

Province Pattaya
Country Thailand
Business Type Hotel and restaurant
Business Started 1998
Employees 5 Person

FINANCIAL INFORMATION

Annual revenue: 6,000,000 Baht
Payroll: 70,000 Baht
Furniture, Fixtures & Equipment
included in the Investment Price:
5,000,000 Baht
Your Total Investment to own this business: 6,500,000 Baht
Your Initial Cash Investment Needed: N/A
Inventory included in the Investment Price: N/A

BUSINESS SUMMARY

This long-running hotel and restaurant was fully renovated just this year for a new, modern look. Located on Pattaya 2nd road, the hotel now has a up to date, modern kitchen, bar, and restaurant with classic decor. There is an outdoor dining space as well and the entire restaurant seats 50 people. 

The hotel has 14 rooms over 4 floors, in a three unit shophouse. Rent on this large space is only 100,000 baht per month. The hotel has income from a tour company of 15,000 baht a month, reducing the total overall rent to 85,000 baht a month. The lease is set for 4 years plus 3. There are 6 staff with a total monthly payroll of 70,000 baht a month. Located right on the main road and with good lease terms, this is a deal. 

The owner is moving to Bangkok and so must sell the business. The sale includes all new equipment and the fully renovated restaurant and bar as well as a Thai company with work permit.

ASKING PRICE 6.5 million baht

For more information please

CONTACT US NOW!


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