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   Date    Header Price  
27/06/2006  Phuket Bungalow Park82 000 000
-- Hotel/Guesthouse -- Southern Region -- Phuket -- --   GE Edit
27/06/2006

Guesthouse in Chalong Bay, Phuket.

17 000 000
BKK1809M - This small Guesthouse has three storeys and is situated in Chalong Bay, Phuket. This is a brand new building, and features a bar and a tastefully decorated restaurant. There are eight rooms, and each has air-conditioning, television, mini-bar and bathroom with hot water. Total floor space is 351 square metres, but there is an additional three storey building alongside, measuring 175 square metres, that is also available. Total asking price for both properties is 17 million baht, with a freehold Chanote land title included. Alternatively, the guesthouse can be leased separately for one million baht every year. The properties have been valued at 17 million baht, but in the first year of business receipts of 1,500,000 baht produced profits of 1,200,000 baht to boot. The owner feels forced to divest himself of this enterprise as he is busy with a big project.


Annual revenue 1,500,000 Baht ($37,500)

Annual Owner\'s benefit (earnings before taxes and depreciation) 1,200,000 Baht ($30,000)

Furniture, Fixtures & Equipment included in the Investment Price 17,000,000 Baht ($425,000)

Your Total Investment to own this business 17,000,000

Your Initial Cash Investment Needed 17,000,000 Baht ($425,000)

Inventory included in the Investment Price 50,000 Baht ($1,250)

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