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   Date    Header Price  
25/06/2006  Guest House in Nana85 000 000
25/06/2006  Chiang Mai Commercial Building.4 700 000
-- Hotel/Guesthouse-rent -- Southern Region -- Surat Thani -- --   GE Edit
25/06/2006

50 room Guesthouse in Chaweng

15 000 000
UPDATE! The owner feels that this business opportunity is now more attractive for investors as he is now offering a very long 15 year lease contract with a further 15 year option.

BKK11088FS - The opportunity has arisen to lease a 50 room Guesthouse in the centre of Chaweng, on Koh Samui. Located only two minutes from the beach and the nightlife, the building boasts high occupancy rates, due to the availability of affordable accommodation (42 rooms are fan cooled and the other eight are air-conditioned). All furniture and equipment are included, and a new owner could start making money from day one. Annual receipts of approximately 4,700,000 baht are being taken in, and costs are around 1,200,000 baht, leaving roughly 3,500,000 baht as annual profit. There is the possibility of upgrading the rooms by adding air-conditioning and televisions etcetera, and the new owner could even take advantage of the space available to construct a bar and restaurant. Established in 1999, the guesthouse has just been freshly repainted throughout, both internally and externally. A key money investment of 15,000,000 baht is needed to acquire this business, and then monthly rent of 150,000 baht will apply; a long lease term of 15 years plus 15 years is offered, with a 50% increase in both the rent and the key money after the first 15 years. The key money can be paid in installments, with 50% due at closing, another 25% due after three months, and the balance to be paid after a further three months.


Annual revenue 4,700,000 Baht ($117,500)

Annual Owner\'s benefit (earnings before taxes and depreciation) 3,500,000 Baht ($87,500)

Furniture, Fixtures & Equipment included in the Investment Price 0

Your Total Investment to own this business 15,000,000

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