Summary
- Asking price:
-
$1,300,000
- Sales revenue:
- $380,000
- Net profit:
- $120,000
- Years established:
- 2
- Employees:
- 6
- Relocatable:
- This business can be relocated.
Business description
This business/building for sale includes:
A boutique apartment block containing 4 luxury apartments and a large office. The serviced apartments all have marble/granite floors and vanities, wireless internet, cable TV, a/c and are fully furnished. They include kitchens, bedrooms, living room and bathrooms.
Plus
Our licensed wholesale travel company. We provide golf packages to tour desks and hotels around Phuket and other areas of Thailand. Accommodation, tours, packages and medical tourism are also available here. The fully networked office is located on the ground floor of the apartment block.
Two work permits for foreigners are currently approved by the Thailand authorities.
Property information
- Real Estate:
- Real Property Included
- Living accommodation:
- One of the 4 apartments could be used for accommodation for the owner or management staff.
- Location:
- The apartment block is located in a quiet location in Patong. It is very convenient for accessing Patongs beach and entertainment areas as well as the golf courses and other parts of Phuket.
Other information
- Expansion potential:
- The company has doubled its turnover in a year and is continuing to grow at the same rate. Holiday solutions including golf, accommodation, tours, packages and medical tourism provided by us to the customers have proved very successful with many customers booking with us for next year already.
The potential for expansion is excellent with Phuket alone having 7 world class golf courses. These are all full in the high season (approximately 1400 games of golf played daily).
We also offer golf packages on more than 100 other golf courses around Thailand.
The Tourism Authority of Thailand has predicted that golfers will spend approximately 18.45 billion baht over the coming year.
In addition we promote medical tourism in Phuket. We are contracted to the largest hospital chain in Thailand with our company listed as their preferred sales agent. This is a rapidly growing area with services including Dental, Wellness and Plastic Surgery.
- Competition / Market:
- Hotels, rental apartments and tour agents providing golf packages could be considered as threats. However over 200 hotels and tour desks in Phuket are contracted to this business for the supply of golf packages. In addition several international travel companies are contracted to us to provide golf packages for their larger groups of golfers from overseas.
- Support & training:
- Current staff will stay with the new employer/owner if required.
- Reasons for selling:
- Retirement
- Trading hours:
- 0600 - 2200
- Furniture / Fixtures value:
- $500,000
- Inventory / Stock value:
- $35,000
- Website:
-
www.tropicalgolf-spaholidays.com