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Beautiful Resort And Busy Cafe In Koh Phangan For Sale

Koh Phangan, Surat Thani, Thailand
Asking Price:
$955,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

A beautiful resort with 8 cottages, 6 / 2 bedroom cottages, and 2 / 1 bedroom cottages, set amidst gorgeous tropical landscaping. Attached is a busy cafe and pool area, along with a lush tropical garden. Cafe is open 7 days a week (8–5) but can be easily expanded to include dinner business hours of operation and double sales. Cottages are now full for the entire year with long-term guests. The cottages can easily be converted to short-term rentals, quadrupling income from cottages.

Property Information

Real Estate:

Real Property Included

Location:

Lovely Koh Phangan, situated in the Gulf of Thailand 5 minutes from gorgeous beaches. Koh Phangan is a short ferry ride from Koh Samui and is currently being developed, adding visitors each year and brining more and more tourists to this lovely island.

Premises Details:

Resort is located on 2 Rai of Freehold Land with 6 / 2 bedroom Cottages, 2 / 1 bedroom Cottages, Pool and busy Cafe. Entire resort is a Tropical Garden Setting, lush and Beautiful. Cottages are well built and modernized with new AC units and kitchens.

Size in square feet:
2 Rai
Planning Consent:

All building has been done to code with all necessary permits.

Business Operation

Expansion Potential:

We decided to go with long term guests to avoid the extra work of managing short term guests. However, if a new owner was willing to do that extra work they could quadruple income from cottages. Cafe as well, we decided to open only 8-5 and not do dinners to avoid the extra work but new owners could expand to dinner with an excellent venue for romantic dining and easily double sales.

Competition / Market:

Centrally located our resort has little competition for rooms, as we have been full with long term guests for the past 2 years. 5 minutes to beautiful beaches and situated in a Lush Tropical Garden.

Reasons for selling:

I am 73 years old and was retired but opened this place to keep busy. I'm getting tired now and would like to sell.

Trading hours:

8-5

Employees:
6
Years established:
3 years

Other Information

Support & training:

Support training and lists of suppliers and maintenance people will happily be supplied

Furniture / Fixtures value:
$300,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price
Website:
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