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Profitable 20 Room Guest House Business In Patong For Sale

Patong Beach, Phuket
Asking Price:
$69,000 (USD)
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

This guest house is located within a few minutes walk to Bangla Rd, Jungceylon, and Patong beach. It features 20 guest rooms, each having a balcony or window, en-suite bathroom, air-con, LCD TV, fridge, complete furniture. On the ground floor is a reception area and parking to the front, with CCTV and internet throughout the building. The current owner has been operating it for 6 years and can provide full P/L to a qualified buyer. The business is linked to all OTA travel agencies . The terms are as follows;

- 2,500,000THB to buy this business.
- 121,000THB rent per month paid every 3 months in advance.
- 363,000THB security deposit.
- 3+3+3 year contract.
- 10% rent increase every 3 years.
- 6 year old running business with proven financials to show this business makes money.
- Linked to OTA travel agencies.

Note: We are sorry but we do not provide the exact location or financial information of this business by email. This information is available upon a personal inspection with one of our agents.

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Real Estate:

Lease

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