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   Date    Header Price  
24/05/2006  Pattaya Commercial Building500 000
-- Hotel/Guesthouse -- Eastern Region -- Chonburi -- --   GE Edit
24/05/2006

Guesthouse/Bar/Restaurant

 6 300 000
BKK11922GW - This Guesthouse/Bar/Restaurant is located in the heart of Pattaya’s tourist district. The building has four floors with six rooms on the upper three floors and a bar and restaurant on the ground floor. Each room is fully furnished and is complete with a 20 inch television and UBC; there is also a 43 inch TV in the bar. The buyer will receive a Chanote land title for the land and building which have been appraised together at 4,000,000 baht. Alternatively, the buyer may buy the business only for 3,000,000 baht and pay monthly rent of 30,000 baht per month. Annual net earnings over the past four years have averaged 700,000 baht, from revenues of 1,700,000 baht. The sellers are willing to offer owner financing.


Annual revenue 1,700,000 Baht ($42,500)

Annual Owner's benefit (earnings before taxes and depreciation) 700,000 Baht ($17,500)

Furniture, Fixtures & Equipment included in the Investment Price 700,000 Baht ($17,500)

Your Total Investment to own this business 6,300,000

Your Initial Cash Investment Needed 6,300,000 Baht ($157,500)

Inventory included in the Investment Price 20,000 Baht ($500)

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