- Listing ID: 844084
- (Seller ref: EBT1052)
Thai Traditional Boutique Resort In Phuket For Sale
- Location:
-
- Thailand
- > Phuket
- Category:
- Type:
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Summary
- Asking price:
- $4,250,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $950,000
- Cash flow:
- $330,000
- Years established:
- 5
- Employees:
- 50
Business description
Occupying approximately 2 Rai of prime Phuket freehold land, this Classic Thai style boutique resort sits overlooking one of Thailand's most famous beaches. Spectacular ocean views can be had from many of the 20 luxurious guestrooms and suites, the popular Thai/Western restaurant, as well as the relaxing tiered swimming pools which are accessible directly from some of the rooms. The resort caters to the guest who want to be close to shopping, restaurants, beaches, and nightlife, but still far enough away to enjoy some peace, privacy, and tranquility on a beautiful tropical island. The owner managed resort employs approximately 50 full time staff and carries room rates starting at 2,000 Baht up to over 18,000 Baht depending on room type and season. 2008 average occupancy was over 60% and revenues of 32,000,000 Baht were brought with just over 10,000,000 Baht in profits going to the owners. The resort is now for sale at 145,000,000 Baht as the ownership is looking to focus on larger hospitality ventures around the region.
Asking Price: 145 Million Baht
Property information
- Real Estate:
- Real Property Included
- Location:
- Phuket
Other information
- Support & training:
- Owners would be happy to stay on and assist in handover
- Reasons for selling:
- Moving on to larger projects
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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