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   Date    Header Price  
22/05/2006  Two storey shop house7 400 000
-- Hotel/Guesthouse -- Southern Region -- Chumphon -- --   GE Edit
22/05/2006

Delightful Chumphon Resort

 4 000 000
BKK11990G - This delightful Chumphon Resort sits alongside the beach, and is available as a freehold acquisition. Although the small resort is over 10 years old, the current owner only took over the enterprise around a year ago, at which time he completely renovated the six bungalows and office building, at a cost of approximately 1,500,000 baht. All brick built constructions are now air-conditioned, with hot water, Western style bathrooms and televisions. He has found that his other full time job takes up too much of his time however, and has decided to listen to offers. Financial results are unavailable, as the business was closed for a number of months whilst the renovations were undertaken. Only one full time employee is currently retained, on a monthly salary of 4,500 baht. The town itself sits on the main Bangkok to Surat Thani train line, and is a well known stop off point for tourists planning to visit the islands of Koh Tao, Koh Pha Ngan and Koh Samui.


Annual revenue 150,000 Baht ($3,750)

Annual Owner's benefit (earnings before taxes and depreciation) 70,000 Baht ($1,750)

Furniture, Fixtures & Equipment included in the Investment Price 1,500,000 Baht ($37,500)

Your Total Investment to own this business 4,000,000



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