Bang Saray, Chon Buri

Asking Price:
$600,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

4 Palms Resort is built on over 1 Rai of freehold land right on the edge of a thriving and popular Beach/holiday village called Bang Saray. near Sattahip just 20 mins from Pattaya There are 2 worldclass waterparks right on our doorstep and also NongNooch Botanical Gardens and the stunning Navy beach just a few Kms away.

The resort was built around mid 2017 and is already trading very profitably and is number 1 in its section on Tripadvisor and Booking.com It is listed with all major booking companies and has its own website which generates lots of bookings. It is very popular with Thais and foreign holidaymakers and achieves excellent nightly rates.

There is a 2 bedroom managers bungalow with private garden and 14 poolside en-suite customer rooms and a further 2 en-suite family chalets situated in the verdant gardens.

We also have Sauna, a Jacuzzi, massage room and a 15 metre swimming pool. The resort has 8 off road car parking spaces and on road parking also.

Genuine reason for sale. This resort won't be around long as it is priced very competitively. The occupancy levels are very good and it is a turnkey business with quality furniture and linens included.

A great lifestyle business for the price of a private villa. We currently only cater for breakfasts so there is tremendous opportunity to introduce a restaurant or bar and functions although you might just want an easy life like us and just live off the room income.

The resort has a Facebook page, and a beautiful website that generates lots of bookings. Our repeat trade is fantastic.We currently have just 4 staff who would be happy to stay on with the new owners if required.

Further details upon request, please contact seller below for more information.

Property information

Real Estate:
Real Property Included
Living Accommodation:
2 bedroom ensuite owners bungalow
Location:
Edge of a beautiful Thai fishing village.
Premises Details:
Freehold detached hotel and owners bungalow.
Planning Consent: YES

Business Operation

Expansion Potential:
Introduce a restaurant
Reasons for selling:
To concentrate on core business.
Trading hours:
7am to 9pm
Employees:
4
Years established:
1

Other Information

Support & training:
yes
Furniture / Fixtures value:
$100,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price