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   Date    Header Price  
08/06/2006  Beachside Guesthouse38 500 000
08/06/2006  Phuket Hotel1 000 000
-- Hotel/Guesthouse -- Southern Region -- Phuket -- --   GE Edit
08/06/2006

Phuket Resort

20 000 000
BKK11236DM - This Phuket Resort is set on three rai of beautiful tropical gardens, just about 1000 metres from the beach in Patong. There are 24 bungalows for holidaymakers, with either one or two bedrooms in each. A spacious swimming pool is supplemented by a health corner with massage, sauna and a large Jacuzzi. The resort has a Thai restaurant on site which is rented out, and there is parking for seven cars. The land is rented and the lease contract expires on the final day of 2016, when an option for a further nine years can be implemented. Mentioned in leading travel guide books, the property is a serene retreat that has high repeat trade. The current owner has been here for around 12 years, and has built the business up from scratch; he has decided however that it is time for him to retire. Because of the low rent (72,000 baht per month) and the low staff costs (total payroll of 42,000 baht per month), this enterprise is able to make high profits. Annual receipts of 7,160,000 baht are yielding cash flow of 5,453,000 baht, and the assets involved here are worth 20,000,000 baht.


Annual revenue 7,160,000 Baht ($179,000)

Annual Owner\'s benefit (earnings before taxes and depreciation) 5,453,000 Baht ($136,325)

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

Your Total Investment to own this business 20,000,000

Your Initial Cash Investment Needed 20,000,000 Baht ($500,000)

Inventory included in the Investment Price 260,000 Baht ($6,500)

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