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   Date    Header Price  
-- Hotel/Guesthouse -- Northern Region -- Chiang Rai -- --   GE Edit
27/06/2006

Chiang Rai Hotel and Guesthouse

16 000 000
BKK1820GW - A Chiang Rai Hotel and Guesthouse, comprising old and new teak homes set on 340 square wah of land, has become available due to the owner’s impending move overseas. There are 28 rooms (22 with en suite bathrooms) and a restaurant, featuring Lanna style architecture and carvings. This quiet guesthouse has a lovely setting, and attracts many tourists from Europe, Australia and America, who make use of the trekking tours organised by the owner. The Mae Khong Caves are only five minutes drive away, the airport is 15 minutes drive, and the bus station can be walked to in 15 minutes. Established for almost 15 years, the establishment makes profits of 1,080,000 baht per year from revenues of 1,440,000 baht.


Annual revenue 1,440,000 Baht ($36,000)

Annual Owner\'s benefit (earnings before taxes and depreciation) 1,080,000 Baht ($27,000)

Furniture, Fixtures & Equipment included in the Investment Price 6,000,000 Baht ($150,000)

Your Total Investment to own this business 16,000,000

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