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   Date    Header Price  
27/06/2006  Chiang Rai Hotel and Guesthouse16 000 000
-- Hotel/Guesthouse -- Southern Region -- Phuket -- --   GE Edit
27/06/2006

Phuket Resort Hotel

31 000 000
BKK1826M - This small Phuket Resort Hotel is one of Patong\'s jewels. With 18 rooms set around a swimming pool with hydro massage, guests are pampered in their own quiet retreat, within easy reach of central Bangla Road. All rooms are spacious, elegantly furnished, complete with all mod cons, and offered at very reasonable rates. The current owner only opened the resort in 2001, and is reluctant to offer the property, but he is moving back to Europe. The restaurant and bar provide a popular Mediterranean cuisine and an extensive cocktail selection. The building and land has been evaluated at 29,000,000 baht, and annual receipts of 8,000,000 baht are producing profits of 4,000,000 baht. This is your perfect opportunity to relocate to your own slice of paradise. This is offered at only one times earnings, excluding the property, which means superb value.


Annual revenue 8,000,000 Baht ($200,000)

Annual Owner\'s benefit (earnings before taxes and depreciation) 4,000,000 Baht ($100,000)

Furniture, Fixtures & Equipment included in the Investment Price 29,000,000 Baht ($725,000)

Your Total Investment to own this business 31,000,000

Your Initial Cash Investment Needed 31,000,000 Baht ($775,000)

Inventory included in the Investment Price 200,000 Baht ($5,000)

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