| Date | Header | Price | ||
|---|---|---|---|---|
| 17/06/2008 |  | Infinity Heights | 13 450 000 | |
-- Hotel/Guesthouse -- Southern Region
-- Phuket -- --
| Edit | |||
| 08/06/2006 | Phuket Guesthouse |
13 500 000 | ||
| BKK11221L - This Phuket Guesthouse is situated in Patong, with 12 newly furnished rooms. All have air-conditioning, 21 inch television, mini-bar, fridge, safety box and hot water shower. The business is available with owner financing, and only 50 per cent is required as an initial investment. The new owner will acquire both the building, measuring 600 square metres and worth 11,000,000 baht, and the land, measuring 250 square metres and valued at 4,500,000 baht. Annual receipts of 3,200,000 baht are producing profits of 2,500,000 baht each year. The property was established five years ago and has steadily built up a good client base. Room rates vary from 500 to 700 baht per night in low season, up to 1,300 to 1,500 baht per night in high season. There are three full time staff in place, with the monthly payroll set at 15,000 baht. Annual revenue 3,200,000 Baht ($80,000) Annual Owner\'s benefit (earnings before taxes and depreciation) 2,500,000 Baht ($62,500) Furniture, Fixtures & Equipment included in the Investment Price 4,000,000 Baht ($100,000) Your Total Investment to own this business 13,500,000 Your Initial Cash Investment Needed 6,500,000 Baht ($162,500) Inventory included in the Investment Price 200,000 Baht ($5,000) | ||||
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