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   Date    Header Price  
25/05/2006  Teakwood House12 700 000
25/05/2006micro NISSAN ALMERA 2002  NISSAN ALMERA 2002720 000
25/05/2006  Apartment Block in Chiang Mai22 500 000
25/05/2006  Guesthouse and Restaurant3 950 000
-- Hotel/Guesthouse -- Northern Region -- Chiang Mai -- --   GE Edit
25/05/2006

Deluxe Chiang Mai Resort Hotel

150 000 000
BKK11749RM - This Deluxe Chiang Mai Resort Hotel has been tastefully completed in Northern Lanna style, and has over 110 exquisite rooms and suites set in lush tropical gardens. Well established, after almost 15 years of trade, the business makes annual profits of 13,000,000 baht, from receipts of 22,000,000 baht. A new owner will acquire the total land and building package which has been valued at 120,000,000 baht. The land measures 5,000 square metres, and is worth 40,000,000 baht, while the hotel structure has total floor space of 7,500 square metres, and is valued at 80,000,000 baht; in addition the hotel assets, including improvements, are estimated to be worth 20,000,000 baht. There are extensive and modern facilities, including air-conditioning throughout, and each room has in house video, direct dial telephone and refrigerator. A function room can accommodate 150 guests and there is a popular restaurant, coffee shop, ballroom, health club, sauna and swimming pool. The seller will consider owner financing for a part of the required sale amount, and he would also be prepared to lease the land and hotel if the interested party would prefer, subject to negotiations.


Annual revenue 22,000,000 Baht ($550,000)

Annual Owner's benefit (earnings before taxes and depreciation) 13,000,000 Baht ($325,000)

Furniture, Fixtures & Equipment included in the Investment Price 20,000,000 Baht ($500,000)

Your Total Investment to own this business 150,000,000

Your Initial Cash Investment Needed 150,000,000 Baht ($3,750,000)

Inventory included in the Investment Price 1,000,000 Baht ($25,000)

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29/06/2006  LEARN THAI AT HOME-
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