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Profitable 10 Room Guest House And Restaurant For Sale

Patong, Phuket
Asking Price:
$55,000 (USD) Inventory / Stock included
Sales Revenue:
Under $100K (USD)
Cash Flow:
$50K - $100K (USD)

Excellent Opportunity, not often can you walk into a profitable business in Thailand
Profitable guest house and Restaurant business for sale. Excellent location 2 minutes from Bangla in Patong. Restaurant highly rated on tripadvisor. Fully trained staff. Walk in and instantly make money.
This high season you can get your investment back.
Low monthly rent only 65000 baht a month
10 well decorated rooms
Restaurant fully equipped including Pizza oven and Coffee machine
Accounts can be show to serious buyers which shows a healthy profit.
Contact direct for location and viewing
1.7 Million Baht To buy the business, key money every 3 years of 300,000 baht. no rent to pay until January
Includes Thai company and work permit
3 year contract with option to renew
Excellent opportunity to take over a running business just in time for high season 2019

Property information

Real Estate:

Lease

Leasehold Rent:

$25,000 (USD) per annum

Location:

Patong

Premises Details:

10 room guest house with highly rated restaurant

Business Operation

Expansion Potential:

Hotel rooms only advertised on expedia and have a lot of repeat customers potential to advertise on all the otas to gain more revenue the rooms are a bonus, the real gem is the restaurant business

Reasons for selling:

Moving back to Australia family reasons

Trading hours:

8 till 12

Employees:
4
Years established:
3

Other Information

Support & training:

Full training and support given

Furniture / Fixtures value:
$33,000 (USD)

Contact Information

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