Krabi Guest House for Sale
KB1541G - This Guesthouse and Restaurant has incredible mountain views and is only 800 metres from Aonang Beach in Krabi, Southern Thailand. The business is recently built, but has never really been fully operational, due to the owner’s absence for lengthy periods. He planned to bring tourists in from the U.S.A. by means of his tour company, based in that country, but due to world events he was forced to change his plans. There are six rooms for rent; three VIP air-conditioned rooms measuring five by five metres, two superior rooms with fan (same measurements) and a small three by three metre
room with fan. The restaurant and bar seats 60, is fully furnished
and equipped, and has an open kitchen with four stoves. There are
charming gardens and relaxing patios both front and back, and
parking for 15 cars. The lease contract has an incredible 22 years
to run, and rent is 204,000 baht per annum. Estimates for profit
margins have been envisaged thus; 1 million baht for the first
year of operation, followed by 2 million baht for the second and
three million baht for the third. The owner is relocating to his
country of origin, and feels that he is better divesting himself
of this business as he feels that it needs a change of direction
and a fresh approach. There are assets in place worth 3.5 million
baht, and this property is just sitting waiting for an investor to
step in and start making money. Investment 3.5 M Baht |
