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   Date    Header Price  
22/05/2006  Kanchanaburi Bungalow style Guesthouse2 700 000
22/05/2006  A rare opportunity5 800 000
-- Hotel/Guesthouse -- Eastern Region -- Trat -- --   GE Edit
22/05/2006

Luxury Resort in Koh Chang

120 000 000
BKK12083YS - This Luxury Resort was only constructed five months ago in tranquil surroundings on Koh Chang. At present the owner is launching a marketing campaign, and he has been receiving some very positive feedback. Built in traditional Northern style, the resort features over 50 rooms and bungalows ranging in price from 2,500 baht to 5,000 baht per night; the whole complex sits on seven rai (11,200 square metres) of beautifully landscaped land, complete with various types of tropical trees. Facilities include a large ornate swimming pool, a spa, two restaurants and a huge seminar room for 170 delegates. Revenue is increasing by the day, and last month income of 1,200,000 baht was received. The current owner has devoted a great deal of time and money to construct this project over the last three years, but his core business is located in Phitsanulok Province, so he feels unable to comfortably manage both enterprises. He has done all the hard work, and is happy to make a relatively small profit from his endeavours. Recent appraisals see the freehold property valued at 100,000,000 baht. There are 48 full time employees in place, and they command a total monthly salary of 300,000 baht. Koh Chang itself is becoming more and more well known amongst well heeled tourists, and the island is now served by an airport, which is helping to drive the tourism industry.


Annual revenue 14,400,000 Baht ($360,000)

Annual Owner's benefit (earnings before taxes and depreciation) 0

Furniture, Fixtures & Equipment included in the Investment Price 100,000,000 Baht ($2,500,000)

Your Total Investment to own this business 120,000,000

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