Date | Header | Price | ||
---|---|---|---|---|
-- Hotel/Guesthouse -- Bangkok and Vicinities
-- Bangkok -- Bang Rak --
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14/10/2015 | 0824 Spacious 22 Room Guesthouse for S |
10 300 000 | ||
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Spacious 22 Room Guesthouse for Sale & Rent in Central Bangkok Listing No. 66-0824 • Business: Guesthouse • Location: Bang Rak, Bangkok • Building: 4 Floors – Double Shophouse • Size: approximately 900 m2 over 4 levels including the Mezzanine • Features: Located right beside a main road in downtown Bangkok, only a 5 minute walk from Sala Daeng BTS Station. This Guesthouse has been trading for over 15 years and has built up a loyal regular clientele. As you come through the main entrance there is a large bar / reception area, to the left is a seating area along with the pool table. At the rear is the gym; down the corridor to the right are 5 guest rooms which can also double up as massage rooms. On the next level is the mezzanine floor which has 3 good size offices along with all the usual office equipment included and fitted with wall mounted air con units. The 2nd floor consists of 4 large rooms and an executive suite, the 3rd floor consists of 6 good size rooms, a store room and a staff WC, the 4Th floor has 6 good size rooms. In total there are 13 Standard rooms, 5 Deluxe, 3 Master Bedrooms and 1 Executive Suite. All come with Air Con, TVs, safes, Mini Bars and shower/ WCs. There is CCTV fitted throughout the building which is accessible via a mobile device. • Potential: Well established Guesthouse with its own website, improvements could be made on other social media sites and online booking agencies. Would recommend making some improvements to the rooms. • Tenure: Leasehold, 3 years renewable • Staff: Currently 15 salaried staff, with a monthly payroll of 120,000 baht • Licenses: Business, Food and Alcohol licenses are current and come with the business • Stock: Stock remaining at time of settlement is included in the price • Online: The business has its own website and face book page which may be transferred to the new owner if required. You can also book via the usual online channels e.g. agoda.com, booking.com etc. • Rent: 90,000 baht a month • Utilities: About 40,000 baht a month • Security: 15,000 baht a month • Car Parking: Limited customer car parking is available approx. 300 meters from the guesthouse. • Business Operational: Yes – same owner since 2000 • Transition: The owner will assist in transitioning the business for a short period after settlement, if required • Reason for Selling: Other business projects • Revenue: About 500,000 baht a month • Net Profit: About 100,000 baht a month • Financials: May be made available to genuine buyers, only after inspection • Asking Price: 10.3 Million Baht • Price Negotiable: Yes, near offers will be considered • Security Deposit: N/A • Key Money: 200,000 Baht • Sale Terms: 10% deposit (to secure the business and remove it for sale) and the balance within 30 days. Ownership does not transfer until payment has been received in full • More Information: Further details will only be provided after inspection • Inspections: 24 hours’ notice is required to inspect this business. Inspection times are between 1000 and 1700 Monday to Friday and between 1000 and 1300 Saturday • Agents: No Agent inquiries please | ||||
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