Date | Header | Price | ||
---|---|---|---|---|
-- Hotel/Guesthouse -- Bangkok and Vicinities -- Bangkok -- -- | Edit | |||
25/05/2006 | Unique Concept Hotel |
245 000 000 | ||
UPDATE! The past year has seen revenues increase by nearly 30%, to 48,000,000 baht, and profit margins can be discussed with serious investors. Currently the owners are erecting a spa on the premises, and this will enhance the unique experience that this hotel provides. Even so, the owners have reduced the asking price, from 260,000,000 baht to 245,000,000 baht, to effect a quick transfer. BKK11606JM - This unique Concept Hotel sits in Bangkok’s northern suburbs, conveniently close to a BTS Skytrain station. Developed from an apartment block, the owner has completely redesigned the building, with the help of leading Thai and international designers, to provide approximately 30 rooms, each completed in its own individual style. With room rates set in the region of 2,500 baht per night, annual receipts of 36,000,000 baht are being earned, and the owner will discuss profit margins with interested parties. Established two years ago, the building sits on land measuring 640 square metres. There is also an elegant stand alone two storey bar/restaurant building, featuring Japanese food, seafood cuisine and karaoke, a swimming pool and a stand alone house that is used for the owner’s accommodation. The owner himself is moving on as he has another business that he wishes concentrate on, and he is offering this freehold opportunity, with Chanote title deed, so that he can further his aims. All rooms feature air-conditioning, satellite television, DVD player, mini-bar, balcony, international telephone and bathroom with hot water. The hotel also has a tour operator, travel agent and car rental service. The website features a range of beautiful photographs, and we will gladly point interested parties to the web address, after the signing of a confidentiality agreement. Annual revenue 36,000,000 Baht ($900,000) Annual Owner's benefit (earnings before taxes and depreciation) 0 Furniture, Fixtures & Equipment included in the Investment Price 0 Your Total Investment to own this business 245,000,000 | ||||
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