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Listing ID: 1651390

18 Bedroom Hotel Apartments, Bar, Restaurant, Laundry & Motorcycle Rental For Sale

Pattaya, Chonburi, Thailand

THB 5m & above

(Furniture / Fixtures and Inventory / Stock included)

Revenue: THB 500k to 1m

Cash Flow: not disclosed

Business Description

18 bedroom hotel apartments, separate bar, separate restaurant, laundry & motorcycle rental business for sale. All businesses are currently trading on a daily basis & showing good turnover. Present owner is looking to retire from operating the businesses on a daily basis & offers this exceptional opportunity for someone to take over an already established business which benefits from both local & holiday trade.

The businesses are located in Central Pattaya, just off the busy tourist area of Soi Bukhaow. The business are already listed with accommodation websites such as Agoda, Booking, Hostelworld, LonelyPlannet & Tripadvisor.

All Businesses are offered for sale at 5.5M Thai Baht.

Property Details

Size:

They are operated over a 5 storey double shop house unit with over 5,000 sq ft.

Years Established:

5 Years

Property Type:

Lease

Other Details

Business Location:

Soi Chaiyapoon, Pasay City, Nongprue, Banglamung, Chonburi, Thailand. It is located on a popular soi, just off Soi Bukhaow, Central Pattaya.

Premise Details:

They are operated from a 5 storey double shop house unit.

Competition:

Smaller guest houses, bars & restaurants.

Expansion Potential:

All businesses have opportunity for expansion, by increasing daily operational hours.

Living Accommodation?

Yes
Managers apartment.

Planning Consent:

Not applicable

Operation Details

Employees:

5 Full time & 3 Part Time.

Trading Hours:

Hotel apartments 7am - 10pm (Guest 24 hour access is via separate entrance when hotel reception is closed) Bar 12 noon - 2am Daily Restaurant 8am - 10am Daily Motorcycle Rental 8am - 10pm Daily Laundry Service 8am - 6.30pm Daily

Support & Training:

Full training & support will be offered by existing owner for new purchaser.

Miscellaneous

Reason For Selling:

Present owner is looking to retire from operating the businesses.

Contact this seller

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