Luxury Resort For Sale

Business description

EBT1020 - A unique opportunity has arisen to own a beautiful 12 year old Luxury resort in one of Southern Thailand’s most famous tourist destinations. Occupying approximately 3 Rai of freehold land, the resort has breathtaking views of the scenic surroundings and sits only 600 meters from the sea. Currently consisting of 20 bungalows, a restaurant, meeting space, a beautiful pool, lobby, and administrative facilities, the resort’s low density lends itself to further expansion. Because of the intimate size of the property, the resort operates with only 12 full-time and 4 part-time employees. Currently averaging year round occupancy of 60%, the resort garners annual revenues of 19,000,000 Baht and, after payment of all expenses, has a Net Profit of approximately 10,000,000 Baht. After 12 years of operation, the owners have decided to move the family to another part of Thailand and are therefore offering this Southern Thailand resort to a new owner for 175,000,000 Baht. All interested parties are invited to view the photos, website, and all other pertinent information by contacting Elite Business Group as soon as possible to learn more about this excellent hospitality oppourtunity.

Asking Price: 175,000,000 Baht for Full Takeover

Other information

Reasons for selling:

Moving son to Chaing Mai for International school.

Contact the seller