This is a great opportunity to start your business in Thailand! Reasonable startup costs with affordable rental conditions. Excellent owner that will not be an obstacle at any point.
Hostel for sale in the best possible location in Patong
- Business for sale (key money 3,299,000 THB)
- 5 years of contract remaining with pre-COVID affordable rental conditions
- 12 private en-suite rooms
- 24 bunk beds in a dormitory with 3 showers, 3 sinks and 3 toilets
- Rooftop Lounge - Co-living - Sharing Kitchen
- Fully rebranded and refurbished a few years ago
- The hostel is marketed as 3-star and has excellent reviews on all platforms
- Profitable business with ROI within 1 year (all previous years' profits/expenses etc will be provided AFTER inspection and serious interest to acquire the business)
We do NOT sell the company but the business itself (brand, know-how, fully operational business) that can continue the same as it is).
Why is it on sale? Because a new project is coming up in the south of Phuket. There is no stress or rush to sell, we can continue to successfully run the business until the right clientele is found.
