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Profitable Samui Hotel & Laundry For Sale

Koh Samui, Surat Thani
Asking Price:
$11,500,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$960,000 (USD)
Cash Flow:
$50K - $100K (USD)

46-room design hotel in Maenam beach area up for sale, which also includes a roof top swimming pool, restaurant, bar, fitness, conference room and a well-equipped kitchen. The deal will also include Hotel Laundry business with guaranteed earnings and secured accounts with leading hotels on the island. The land is freehold and new owner(s) can enjoy profits from day one of operation.

Asking Price: THB 350,000,000 or approx. USD 11,500,000.-

Monthly Guaranteed Revenue: > THB 2,300,000 or USD 74,000.-
Monthly Payroll: ~ THB 800,000 or USD 25,000.-

Both the hotel and laundry businesses have strong potential and could generate even more revenue if run by professionals.

Reasons for Sale: Owner wishes to retire and considers relocating

Property information

Real Estate:

Real Property Included

Living Accommodation:

There are 3 bed rooms and a living area in a private compound on second floor. This is currently reserved for owners.

Location:

On the main road that runs around Samui Island. The property is opposite of Santiburi Resort. Maenam area is located in the north of Koh Samui and is only 10 mins to the airport and 15 mins to Chaweng.

Koh Samui's only golf course is behind the property and is only around 10 mins by car up in the mountain.

Premises Details:

There are 2 buildings combined for the project with a basement. The first and only property in Koh Samui that has a basement. There is also a roof top swimming pool as well as bar and restaurant.

The land is freehold.

On the hotel's compound, we have our own laundry service business, which caters to some of samui's leading hotels. Hotel Laundry service business contributes a major part in earnings / profits.

Business Operation

Expansion Potential:

There is an empty land for sale just behind the property. This can potentially add another 100 rooms or more if needed.

Competition / Market:

Hotel business on the island is picking up. Koh Samui is ranked among the top destinations for Thailand tourism. It also said to be one of the highest selling prices of all Thailand tourist destinations.

The other business, which is hotel laundry service is contributing substantial income at the moment with some local 5-star as well as international branded hotels contracted.

Reasons for selling:

Owner is retiring and is considering relocating.

Trading hours:

24/7 Mon - Sun

Employees:
40
Years established:
2004

Other Information

Support & training:

We will hand over as well as staff to the new owners. The property is ready to run and make money right away.

Financing available:

We are willing to provide some financing institutions for business loans subject to the buyer's creditability. The profits / earnings from our businesses can easily apply for loans.

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