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High Rated Profitable Hotel In Phuket For Sale

Kata Beach, Phuket, Thailand
Asking Price:
$48,000 (USD)
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

High rated and highly profitable Phuket Hotel for sale

Looking for a Phuket hotel or sale? Then this is your chance, our Phuket business for sale is now open for all investors.
Down here you can find more information regarding our Phuket Business sale for the JR Siam Kata Resort:

Phuket Hotel for sale – a profitable hotel business with company for 1.8 million THB

Our high scored hotel in Kata, Phuket, is one of the single best investment you can make. Thanks to our high scores and our profitable condition everyone is able to get into the hotel business.

The hotel consists of
・12 rooms + 1 dormitory (4 beds) (8 Deluxe room・2 Twin room・2 Family room)
・1 outdoor swimming pool・
・1 Herbal Sauna
・1 kitchen

General information regarding the Phuket business for sale

Our Phuket Business for sale is located 800m to Kata beach, 100m to local market, 200m to night market, 200m to tourist street.
This makes it the ideal location for tourist and other visitors. The hotel has about total of 400 reviews on online booking website with rate 8.4-9.0.

We have lease contract under Thai company with hotel named "JR Siam Kata Resort" and the contract remains about 7 years (ending in Nov 2026). After this contract ends, you can renew upon discussion with the landlord.
The company is necessary for foreigners to do business and this business comes with the company which has no liability.

How much does it cost – price of our Phuket business for sale

・Business asking price 1,800,000 Thai Baht (Price dropped)
・Deposit 500,000 (refundable at the end of contract with the landlord)
・Hotel lease fee till Nov 2020 (125,000 Thai Baht per month)

I paid lease fee in advance till Nov 2020 so the buyer shall pay to me and after Nov 2020, it's yearly payment directly to the landlord.


Profitability
Our hotel makes 1.4-1.8 million Thai baht (about 50,000-60,000USD) net income yearly in the past.
We have higher occupancy compare to other hotels in the area in all season.
We made it into the top 10 hotels in Kata on TripAdvisor, and it comes on the top page of Kata area on booking.com.
There is potential to open up a restaurant and offer breakfast.
Also we have no contract with travel agency that can be potential to increase revenue.
Besides that, some companies have shown interest for providing low priced travel options.
The hotel is still running and we have future bookings as well.


The reason behind our hotel for sale
As I am Japanese person, I am selling this business because I got some projects and issue back in Japan that made me to go back. I will be not living in Thailand soon and will be not coming back so I decided to sell the business.

Finance is available upon discussion. If a buyer makes quick payment, then I can give discount as well.


If interested, please contact me direct through the form on this page.

Property Information

Real Estate:

Lease

Location:

Kata, Phuket, Thailand

Business Operation

Expansion Potential:

Possible to open restaurant and swimming pool bar.
We have no contract with travel agency at the moment but working with them can increase revenue.

Reasons for selling:

I got involved in some projects and some issue back in my country so I have to go back to Japan.

Employees:
3-5

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Down payment is acceptable. Contact me for detail.

Website:
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