0007 Guesthouse near Don Muang airport for Sale and Rent

Guesthouse near Don Muang airport for Sale and Rent

Listing No. 66-0007

 

•Business:  Guesthouse with shared bathroom and private bathroom

•Location:  Don Muang, Bangkok

•Building:  2 story house with land

•Features:  The Guesthouse is located close to Don Muang Airport, IMPACT Muang Thong Thani, and Museum of Contemporary Art (MOCA).There are 3 rooms with queen size bed and 1 triple room, there are 2 shared bathrooms, 1 guest room with private bathroom and  1 room with separate area for the owner /manager and 1 studio with a bathroom 

•Tenure:  Leasehold, 5 years 

•Staff:  Currently 1 salaried staff, with a monthly payroll of 15,000 baht

•Licenses:  No license included

•Stock:  N/A

•Online:  The business has a face book page which may be transferred to the new owner if required. Listed on major booking channels – agoda, booking.com, expedia, airbnb, etc.  Rated on Trip Advisor in the top 6% of ‘B&Bs/Inn in Bangkok’ and many  favorably reviews on Tripadvisor

•Rent:  20,000 baht a month

•Utilities:  About 3,000 to 5,000 baht a month

•Car Parking:  Limited customer car parking is available in the nearby soi’s

•Business Operational:  Yes – same owner since January 2014

•Transition:  The owner will assist in transitioning the business for a short period after settlement, if required

•Reason for Selling:  Relocation

•Revenue:  About 90,000 baht a month

•Net Profit:  About 50,000 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:  250,000 baht paid at the time of settlement to the Landlord.  This deposit will only be refunded at the end of the lease term if the buyer can maintain the level of rating on www.booking.com at 8.5/10 and www.tripadvisor.com at #40 or less of B&B in Bangkok

•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 1000 and 1700 Monday to Friday and between 1000 and 1300 Saturday

•Agents:  No Agent inquiries please

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