Hotel For Sale
Location Thailand
Asking Price Range < $250K
Gross Revenues $12000000
Net Profit / Cash Flow $7000000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 50 - 99
Relocatable No
Number of Employees 50 - 99
Real Estate Owned
Reason for Sale Several business partners / individuals would like to move on.
Description Sales proposition
Resort and all other land plots total approx. 29 1/2 Rai:
- THB 500 M
Resort without the 13-1-78 Rai
- THB 420 M
13-1-8 Rai landplot alone
- THB 100 M
Boutique Resort with 41 villas with chanote land titles as described in attachments.
- Officially 5-star rated by TAT, THA since 2005
- Opened on 18.03.2003, Villas completed in November 2003
- Managed by Golden Tulip since 01.01.2010
- 42 villa style guestrooms,
- Architecture by Swiss BIC, Phuket, western building standards, outstanding electrical systems, energy efficient insulated construction
- Highest maintenance standard
- 3 room categories, 27 rooms with outdoor Jacuzzis and outdoor rain showers
- 680 sq. meter swimming pool, inbuilt Jacuzzi, jet streams, 14 waterfalls
- Luxury Spa with 8 beds, private Jacuzzi and two steam saunas, beauty salon
- Fully equipped fitness centre
- Restaurant with Thai and Mediterranean cuisine, indoor and outdoor terrace. Pool bar
- Underground wine cellar
- Lounge bar and meeting facility above lobby
- All back of the house including laundry
- Ayurveda Destination Spa
Potential
- Expansion on remaining undeveloped land in front of the resort and on the resort parcel itself (possible 8 sea view pool villas and 10-20 additional units without sea view)
- Residential development, villas or condos or mixed on 13-1-78 Rai land behind resort.
- Extension of the resort on 13 Rai land, up to 150 additional rooms.
Contact for more information on this hotel for sale.
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