2 Star Hotel for Sale.Owner finance available.
17 Rooms 2 star Hotel,Restaurant and Bar For Sale.
Well established hotel located on 3 road, in South Pattaya. Leasehold.
Profits just under 3 million per year.
Yearly sales over 7 million per year.
Audits, balance sheets, bookings and receipts available.
Tastefully furnished rooms, with air, remote controlled fans, lcd TV's, fridge, safes and everything else.
Recently renovated to the highest standards.
Set up kitchen, fully set up bar and dining area in and outdoors.
Functional and operational, professional website with booking engine (worth over 150 000 baht).
All licences included.
Rent: 50 000 baht per month(rent for the building)You will not be able to find building in Central Pattaya with 17 rooms to rent at this price.
Lease terms: 3 x3x 3 x1,
Extending lease would not be a problem for another 3x3x3 in the future.
Key Money 1 000 000 every 3 years, paid to July 2017
Hotel fittings, furniture's, stocks worth over 3 000 000 baht.
Total set up including key money was over 5 million baht.
Hotel is staffed and operational, listed through a number of agency's
Agoda, Booking, Expedia, Hotels,Laterooms, Asiarooms, Asiaweb direct,Wotif,Venere, Latestayz, Hotelsworld, Hostelworld and a few more.
Hotel has been featured in print media and local TV both in Thai and English.
Low Season Prices: 720 baht -1500 baht(per night)
High Season Prices:1300 baht-2800 baht(per night)
Yearly occupancy 55%, High Seasons-Full, Low Season 40%-50%.
Asking price 7.9 million baht.
All reasonable offers welcome, Training provided at no cost.
Sale is 100% confidential. Any further information, including name, website or anything else would ONLY be disclosed after NDA(Non Disclosure Agreement) is signed.
Please do not waste time sending emails asking for " more information" Also do check your spam and that you have written your correct reply email.
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