| Date | Header | Price | ||
|---|---|---|---|---|
| 27/05/2006 | Large tract of land in Petchaburi | 600 000 000 | ||
| 27/05/2006 | Large plot of land | 342 000 000 | ||
-- Hotel/Guesthouse -- Southern Region
-- Surat Thani -- --
| Edit | |||
| 27/05/2006 | Koh Samui Resort |
24 000 000 | ||
| BKK11368DM - This 13 year old Koh Samui Resort is available as a freehold acquisition, with a Chanote land title, and has been attractively priced at lees than asset value, due to impending owner relocation. The new owner will be gaining land measuring approximately 1.6 rai (2,504 square metres); on current land valuations for the area of 8,000,000 baht per rai, this would equate to a value of 12,800,000 baht. Buildings have been valued at 11,000,000 baht and the furniture and equipment is worth a further 1,000,000 baht. Total assets therefore are worth 24,800,000 baht, and the business can be acquired for only 24,000,000 baht. On top of this the annual receipts of 2,750,000 baht are producing profits of 825,000 baht. There is even a large owner’s bungalow on site with a bedroom, living room and small kitchen. Other buildings consist of 10 guest bungalows, a large restaurant, a large meeting room, a house with five standard guest rooms, a service building (with five staff rooms, a laundry and a storage room) and a water tower. A large client base has been built up over the years, and about 50% of custom is through repeat trade. All other bookings come through the resort web site, which has run since 1998, and through recommendations in leading tourist guide books and magazines. The location is easily accessible, near to one of the island’s popular beaches, and yet is secluded, with tropical gardens. The owner states that a further modest investment of around 1,500,000 baht could turn the property into a three star resort, complete with air-conditioning, cable television, fridges, hot water and telephone. This would enable the new owner to charge much higher room rates, and he feels that 2,500 baht per day is easily achievable, as opposed to the current room rates of between 500 baht and 1,000 baht. Annual revenue 2,750,000 Baht ($68,750) Annual Owner's benefit (earnings before taxes and depreciation) 825,000 Baht ($20,625) Furniture, Fixtures & Equipment included in the Investment Price 24,800,000 Baht ($620,000) Your Total Investment to own this business 24,000,000 | ||||
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