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Successful Business In Patong For Sale

Patong Beach, Phuket, Thailand
Asking Price:
$192,000 (USD)
Sales Revenue:
$500K - $1M (USD)
Cash Flow:
$250K - $500K (USD)

Tuscany Home is delighted to offer this fantastic opportunity to purchase a successful and established business in Patong, Phuket.

This business consists of 94 well appointed rooms set over four buildings offering numerous facilities from two hotels. The hotels generate a steady income from both room sales and added recreational spaces, including a restaurant, sky bar, rooftop pool, games room and business centre. The additions are well presented.

The hotels feature a total of 94 modern rooms each fitted with flat screen smart T.V's and private en-suite bathrooms. Two-bedroom suites with lounge area and one-bedroom studios featuring a kitchenette are some of the many room types on offer.

Vast communal areas include a chill out room, Deli and snacks, table tennis and billiards room. Modern and Authentic Thai features can be seen throughout.

The 60 seat restaurant serves Thai and western cuisine catering to both in-house and walk in guests. Perfectly located near to Banzaan fresh market and Jungceylon shopping mall it receives a steady flow of traffic. P.O.S systems are connected to Grab and Food panda generating additional revenue.

The artificial grass sun deck area and rooftop swimming pool have been recently updated and features a busy sky bar serving snacks and drinks.
The rooftop bar is well advertised and benefits from plenty of walk in trade.
..

*Key Money - 6,000,000 THB

*Security deposit - 1,000,000 THB

*Monthly rent - 775,000 THB (50% discount during Covid 19 until November)

Property Information

Real Estate:

Lease

Lease Terms:

2 x contracts included in the sale.

3+3+3 starting 01/01/2021
3 year extendable starting 01/02/2019

Location:

Patong Beach

Premises Details:

Hotel premises

Business Operation

Reasons for selling:

New business

Trading hours:

24/7

Years established:
2002

Other Information

Support & training:

Setup and management services available. Please contact our sales team for further information.

Home based:
This business can be run from home.

Contact Information

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