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   Date    Header Price  
27/06/2006  Phuket Hotel, 120 m from Karon beach29 500 000
27/06/2006  6storey apartment block in Samutprakarn45 000 000
-- Hotel/Guesthouse -- Southern Region -- Krabi (Phi Phi, Lanta) -- --   GE Edit
27/06/2006

Guesthouse and Restaurant

3 200 000
BKK1541G - This Guesthouse and Restaurant has incredible mountain views and is only 800 metres from Aonang Beach in Krabi, Southern Thailand. The business is recently built, but has never really been fully operational, due to the owner’s absence for lengthy periods. He planned to bring tourists in from the U.S.A. by means of his tour company, based in that country, but due to world events he was forced to change his plans. There are six rooms for rent; three VIP air-conditioned rooms measuring five by five metres, two superior rooms with fan (same measurements) and a small three by three metre room with fan. The restaurant and bar seats 60, is fully furnished and equipped, and has an open kitchen with four stoves. There are charming gardens and relaxing patios both front and back, and parking for 15 cars. The lease contract has an incredible 22 years to run, and rent is 204,000 baht per annum. Estimates for profit margins have been envisaged thus; 1 million baht for the first year of operation, followed by 2 million baht for the second and three million baht for the third. The owner is relocating to his country of origin, and feels that he is better divesting himself of this business as he feels that it needs a change of direction and a fresh approach. There are assets in place worth 3.5 million baht, and this property is just sitting waiting for an investor to step in and start making money.


Furniture, Fixtures & Equipment included in the Investment Price 3,500,000 Baht ($87,500)

Your Total Investment to own this business 3,200,000

Your Initial Cash Investment Needed 3,200,000 Baht ($80,000)

Inventory included in the Investment Price 10,000 Baht ($250)

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