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   Date    Header Price  
27/06/2006  Resort and Spa on Koh Samui30 000 000
-- Hotel/Guesthouse -- Western Region -- Kanchanaburi -- --   GE Edit
27/05/2006

Resort beside the Kwai Yai River

28 500 000
UPDATE! The owner is keen to return to the jewellery business, and has therefore reduced the asking price from 30,000,000 baht to 28,500,000 baht. The business has been running for over a year now and financial results have exceeded expectations, with receipts of 3,000,000 baht and net profits of 1,500,000 baht being earned. The owner feels that results will improve even further in the short term, as several group tours have booked the resort for travel within the next two years, and a customer base numbering almost 700 has steadily accumulated.

BKK11501YS - This beautiful new tranquil Resort sits beside the Kwai Yai River, only 15 minutes from downtown Kanchanaburi and the Bridge on the River Kwai. The owner established the business in April 2004, and predicts that profits for the first year of trade will come in at around 1,000,000 baht, from receipts of 2,600,000 baht. Nevertheless he has decided to return to the business that he knows best - the jewellery business. The freehold sale includes land measuring six rai (9,600 square metres) and 16 teak cottages, a restaurant and a 60 seat conference room in a lovely tropical garden setting; the total asset value has been set at 26,000,000 baht (6,000,000 baht for the land, 16,000,000 baht for the buildings and 4,000,000 baht for the furniture, fittings and equipment). Rates vary from 2,800 baht per night up to 3,500 baht per night for the deluxe villas, each of which is complete with individually controlled air-conditioning, telephone, television, refrigerator and romantic bathroom without roof. There is a large workforce of 20 full time and eight part time employees, and the monthly payroll totals around 80,000 baht.


Annual revenue 2,600,000 Baht ($65,000)

Annual Owner's benefit (earnings before taxes and depreciation) 1,200,000 Baht ($30,000)

Furniture, Fixtures & Equipment included in the Investment Price 4,000,000 Baht ($100,000)

Your Total Investment to own this business 28,500,000

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