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   Date    Header Price  
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-- Hotel/Guesthouse -- Bangkok and Vicinities -- Bangkok -- Bang Rak --   GE Edit
14/10/2015

0824 Spacious 22 Room Guesthouse for S

10 300 000
pic 0824   Spacious 22 Room Guesthouse for S tn 1 0824   Spacious 22 Room Guesthouse for S tn 2 0824   Spacious 22 Room Guesthouse for S tn 3 0824   Spacious 22 Room Guesthouse for S tn 4 0824   Spacious 22 Room Guesthouse for S tn 5 0824   Spacious 22 Room Guesthouse for S tn 6 0824   Spacious 22 Room Guesthouse for S


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
Send email to advertiser Palm staying in Thailand or call: ##########.
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