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Listing ID: 2715007

Long Lease Koh Kradan Island Resort With Company For Sale

Kantang, Trang, Thailand

THB 47,000,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Long Lease Koh Kradan Island Resort for Sale with Company
Listing No. 066-70-02-001

• Business: Resort
• Location: Koh Kradan, Kantang, Trang, Thailand
• Features: Always fully booked during high-season, this beautiful island resort features 18 luxury beach-front and sea-view rooms, restaurant, spa, poolside bar and a swimming pool. Located on the beach-front of Koh Kradan, guests can enjoy the natural beauty of the island canoeing, snorkeling, diving and trekking, in addition to the resort's own facilities. Set on 2.6 Rai of land (4,200m2), it has 52m of beach frontage.
At the resort, all rooms are air-conditioned and come with safety boxes, mini-bar, toilet amenities, fans, rain shower and drinking water. The rooms are modern and elegantly styled and have large private terraces and large windows enabling amazing views and panorama of the sea and the resort's landscaped gardens and pool.
Electricity comes from the resorts generators and water is provided from a well on-site. There is no TV on the island, but it is serviced with internet and WIFI is available at the resort. There is still available land to expand the resort if required by about 6 to 8 sea-front rooms.
The business is operated through a Thai limited liability company with a capitalized value of THB 15,000,000 meaning that there is no need to re-negotiate the very attractive 30 year lease (with renewal option). It also means that there is scope for application for multiple working permits. Bookings come mainly from the online booking agencies, but also from the resorts own website and Face Book page.
Currently staffed with between 6 and 14 staff (dependent upon the season), the current owner will assist with transitioning the business.
• Tenure: Business Sale and Rent (Leasehold Premises). 30 years with option to renew (Rolling Lease).
• Asking Price: THB 47,000,000
• More Information: Please contact us for more detailed information (we require your name, phone number and e-mail address)

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