Listing ID# T04 - 18781
Asking Price:
$8,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,000,000 (USD)
Cash Flow:
$50K - $100K (USD)
46-room design hotel in Maenam beach area up for sale, which also includes a roof top swimming pool, restaurant, bar, fitness, conference room and a well-equipped kitchen. The property is very well maintained and is ready to operate with valid hotel operating license. The land is freehold.
The property is also selling its laundry business in the offer. The laundry business is making substantial revenue to the property.
Asking Price: THB 280,000,000 or approx. USD 8,000,000.-
Monthly Guaranteed Revenue: THB 2,800,000 or USD 80,000.-
Monthly Payroll: THB 800,000 or USD 23,000.-
Both the hotel business and laundry business have very strong potential and could generate even more revenue if run by professionals.
Reasons for Sale: Owners are relocating
Property information
Real Estate:
Real Property Included
Living Accommodation:
There are 3 bed rooms and a living area in a private compound on second floor. This is currently reserved for owners.
Location:
On the main road that runs around Samui Island. The property is opposite of Santiburi Resort. Maenam area is located in the north of Koh Samui and is only 10 mins to the airport and 15 mins to Chaweng.
Koh Samui's only golf course is behind the property and is only around 10 mins by car up in the mountain.
Premises Details:
There are 2 buildings combined for the project with a basement. The first and only property in Koh Samui that has a basement. There is also a roof top swimming pool as well as bar and restaurant.
The land is freehold.
Business Operation
Expansion Potential:
There is an empty land for sale just behind the property. This can potentially add another 100 rooms or more if needed.
Competition / Market:
Hotel business on the island is picking up. Koh Samui is ranked among the top destinations for Thailand tourism. It also said to be one of the highest selling prices of all Thailand tourist destinations.
The other business, which is hotel laundry service is contributing substantial income at the moment with some local 5-star as well as international branded hotels contracted.
Reasons for selling:
Owners are relocating.
Trading hours:
24/7 Mon - Sun
Employees:
40
Years established:
2004
Other Information
Support & training:
We will hand over as well as staff to the new owners. The property is ready to run and make money right away.
