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Hotel in Patong Beach Road, Phuket For Sale

Patong Beach, Phuket, Thailand
Asking Price:
$100K - $250K (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

LOCATION - Patong Beach Road, Phuket

Property Highlight:

  • 24 bedrooms ( 16 Deluxe with Balcony and 8 Standard )
  • Reception
  • Kitchen
  • Office space
  • Bar
  • Dining area
  • No elevator (Space to install one)

Takeover Price: 7,000,000 THB

Lease Term: 9 years (Lease renewed after every 3 years)

Monthly Rent:

200,000 THB (October to March)
150,000 THB (April to September)


Key Money/Contract Renewal charges:

1 million THB every 3 years and the payment is split into 3 years 333,000 per year

Security Deposit: THB 200,000 (refundable)


IMPORTANT NOTES

Full financials shared only after meeting & NDA (Please do not ask for sensitive details it will not be shared online)


If this fits your budget, timeline, and investment strategy, contact us to proceed.

Property Information

Real Estate:

Lease

Lease Terms:

9 years

Leasehold Rent:

$65,000 (USD) per annum

Living Accommodation:

24 fully equipped rooms

Location:

Patong Beach, Phuket, Thailand

Premises Details:

24 fully equipped rooms, kitchen, reception, storage area in all the floors, office, dining area, bar and pool table

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Yes, 2 additional rooms can be added. Space to add elevator etc.

Competition / Market:

None

Reasons for selling:

Discussed after the meeting

Trading hours:

24 hours

Employees:
2
Years established:
2018

Other Information

Support & training:

Open for discussion

Financing available:

No

Home based:
This business can be run from home