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Resorts For Sale
Location Thailand
Asking Price Range $500K - $1.0M
Gross Revenues $300000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1997
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Description Both of these properties are situated on the Kaew Noi River close to Kanchanaburi but on opposite sides. Property #1 is situated on 15 rai of land and contains 50 rooms ranging in size from 24 to 48 square meters. Room rates range from 1,400 baht to 4,200 baht and there is an average occupancy rate of 80% year round. Annual revenue is 12 million baht and profits are 6 million baht. There is a pool and restaurant and more than adequate land for major expansion if the new owners desired. The resort is located 30 kilometers from Kanchanaburi and employs 156 people. The business has been operating for eight years and the current owner of both these properties is reaching the stage of her life where she would like to work less and as she has several other business concerns she is interested in selling these resorts. The selling price of this property is 53 million Thai baht. (Ref: TH112/05) Property #2 is situated on 30 rai of land and contains 30 rooms ranging in size from 24 to 48 square meters. The room rates range from 800 to 4,800 per night and the annual revenue is 6 million baht with profits of 3 million baht. The average occupancy rate is 80% year round and the resort is handled by 15 employees. There is a restaurant but no pool on this property. As with the first property there is ample room for expansion and the land is quite scenic, as is the first property. The selling price of this property is 25 million Thai baht. (Ref: TH113/05). Contact for more information on this Resort business for sale.
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