0599 Boutique Guesthouse and Restaurant in Rawai, Phuket - Leasehold

 

Boutique Guesthouse and Restaurant in Rawai, Phuket - Leasehold

Listing No. 66-0599

 

• Business:  Guesthouse and Restaurant
• Location:  Rawai, Phuket, Thailand, about 1km from the beach
• Building:  Single Shop-house (3 floors)
• Size:  approximately 65m2 per floor (195m2)
• Features:  The Guesthouse has 6 rooms (4 double beds and 4 twin beds) all with air-conditioning, fridge, tea and coffee making facilities, balconies and LCD TVs.  The restaurant seats about 20.  There are 4 Security Cameras with night vision and video recording for up to 10 days, Point of Sale (POS), Printer, Telephone & Fax, Office table.  The restaurant kitchen has all the necessary cooking equipment and utensils, cutlery and crockery.  There is also a second communal kitchen for guest use.   High speed WIFI internet is through-out – 2 Routers from TOT and True internet.  Company branding.
• Potential: The Guesthouse is located near to Naihan beach and Rawi beach. Most of the tourists tend to come for boxing or fitness programs with numerous gyms located close by.
• Tenure:  Leasehold, 3 + 3 + 3 years renewable (5% increase every 3 years).
• Staff:  Currently 1 salaried staff, with a monthly payroll of 9,000 baht
• Licenses:  Food, Alcohol, Tour Operator licenses are current and come with the business
• Stock:  Stock remaining at time of settlement is included in the price
• Online: The guesthouse has its own website (with online booking functionality), and Face Book page, which will be transferred to the new owner if required.  It is also listed with the major booking channels like agoda.com, airbnb, booking.com, etc.
• Rent:  35,000 baht a month
• Utilities:  About 8,000 baht a month
• Car Parking:  Available for up to 8 Motor Bikes and 1 Car
• Business Operational:  Yes – same owner for the past 4 years
• Transition:  The owner will assist in transitioning the business for a short period after settlement, if required.
• Revenue:  About 150,000 baht a month
• Net Profit:  About 40,000 baht a month
• Financials:  May be made available to genuine buyers, only after inspection
• Asking Price:  1.5 Million baht
• Price Negotiable:  Yes, near offers will be considered
• Security Deposit:  80,000 baht paid at the time of settlement to the Landlord.  Subject to compliance with the rental agreement, refundable upon termination of lease agreement
• Key Money:  N/A
• Sale Terms:  10% deposit (to secure the business and remove it for sale) and the balance within 30 days.  Ownership does not transfer until payment has been received in full
• More Information:  Further details will only be provided after inspection
• Inspections:  24 hours’ notice is required to inspect this business.  Inspection times are between 9.00 am to 17.00 Monday to Saturday.
• Agents:  No Agent inquiries please

 

 

 

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