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   Date    Header Price  
-- Hotel/Guesthouse -- Bangkok and Vicinities -- Bangkok -- --   GE Edit
25/05/2006

Bangkok Guest House

2 200 000
BKK11640YS - This Bangkok Guest House has an enviable location, sitting right next to a station on the city’s new underground railway system. Appealing to backpackers and budget conscious travellers, the business is therefore well placed for tourism and travel around the city, and guests can also connect to the Skytrain system within minutes. Brand new, the business has only become available as the owners like to set up businesses for investors to take over, and they now wish to move on to another project. There are three floors and over 30 rooms for the new owner to acquire, with base monthly rent of 139,500 baht, and a rolling annual lease (a long term lease can be negotiated). The opening month of trade has seen net profits of 58,000 baht come in from receipts of 300,000 baht, and there are brand new assets worth 900,000 baht to acquire. Three full time employees are in place, and the monthly payroll totals 15,000 baht. A website is already proving of benefit as online bookings are proving. Double bedrooms are air-conditioned with cable TV and modern bathrooms which are fitted with baths, full length showers, western toilets, wash basins and shaver/hairdryer sockets. The lounge/bedroom sleeps four in two double bunks, and opens onto a verandah with tables and chairs where guests can sunbathe, read or just relax. The suites can be rented as a single unit or can be split into two bedrooms sharing a common bathroom depending on requirements. Amenities available in the common rooms include computers with access to the internet, printer and disc burner, international pay phones and fax services, coin operated washing machines, (laundry service is available on request), cable TV and a small book swapping facility. There is a mini-mart on the premises supplying a variety of drinks and ready to eat meals.


Annual revenue 3,600,000 Baht ($90,000)

Annual Owner's benefit (earnings before taxes and depreciation) 696,000 Baht ($17,400)

Furniture, Fixtures & Equipment included in the Investment Price 900,000 Baht ($22,500)

Your Total Investment to own this business 2,200,000

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