20 Room Guest-House for Sale, Patong, Phuket
Listing No. 66-0570
- Business: Guest-House
- Location: Patong, Phuket
- Building: Concrete construction
- Size: approximately 600m2 over 4 levels
- Features: Located about 800 meters from Patong Beach. The 20 self-catering apartments with a ground floor reception. Each apartment consists of a bedroom, living room, balcony and WC. They are fitted as standard with TV’s, sofa, fridges and microwaves, kettles, toasters and Wi-Fi. They are available to rent on daily, weekly or monthly basis. Average size of each apartment is aprox.29m2.
- Potential: Good online presence, focus on the long term lets for a guaranteed monthly income.
- Tenure: Leasehold till September 2023
- Staff: Currently 1 salaried staff, (high season only) with a monthly payroll of 9,000 baht.
- Licenses: Guest-House license is current and come with the business
- Stock: N/A
- Online: The business has its own face book page and is advertised with Booking.com, Villas.com, Kayak.com and many more booking websites.
- Rent: 100,000 baht a month
- Utilities: About 20,000 – 25,000 baht a month
- Security: N/A
- Car Parking: Limited customer car parking is available nearby
- Business Operational: Yes
- Transition: The owner will assist in transitioning the business for a short period after settlement, if required
- Reason for Selling: Relocation
- Revenue: About 170,000 baht a month
- Net Profit: About 40,000 baht a month
- Financials: May be made available to genuine buyers, only after inspection
- Asking Price: 900,000 baht
- Price Negotiable: Yes, near offers will be considered
- Security Deposit: N/A
- Key Money: N/A
- Sale Terms: 20% 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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