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  Hotel Business for Sale Specification of the Business Code : EA0806052
Category of Business : Hotel
Full of Business : Big Freehold Rayong Hotel
Type of Sale : Sale / Freehold
Location : Ban Chang, Baanchang, Rayong, Thailand
Purchase Price : 200,000,000 Baht
Base Monthly Rental : 0 Baht
Security on Lease : 0
Terms and Conditions : -
Bldg Size : 7,504 Sqm., 140 rooms
Seats : -
24Hrs. Security :
No. Employees : FT: 60 PT: 0
License Required : Yes
Parking : Yes
Days Open : 7
All trade fixtures and equipment included except the following items : -
Established : 6
Furniture, Fixtures & Equipments (Current Value In Baht Included in Purchase Price : 93,420,000 Baht
Inventory at Cost : 0
Gross Annual Cash Receipts Seller can prove : 36,000,000 Baht /
Net Annual Profit (After Expenses) (Seller can prove) : Baht /
Annually / Once Only : 0 Baht
Additional Terms : -
 
Business Description:
Big
Big ‘Freehold’ Rayong Hotel
This huge hotel was established in 1999, with 140-guest rooms, and occupies an area of 7,504- square metres, and ample parking facilities. Being in a leading growth area, this highly successful business enterprise opens 24-hours daily, with a complement of 60-staff, whose combined monthly salaries amount to around 500,000 baht, (i.e. approximately 8,300 baht per person). It is not often that such a large and highly successful hotel operation is placed on the market, and this has only come about because the current owner wishes to retire for family reasons.
       Here is a ‘freehold’ sale that includes furnishings, fixtures and plant, etc, which have been officially valued at 93,420,000 baht; (almost half original purchase price). If you have hotel experience, then here is a rare opportunity for you to get into the ‘big league,’ which is backed up by a very active “Hoteliers Association” on Thailand’s Eastern Seaboard. “Huge Annual 36-Million Sales Produce 18-Million Baht Profit Yearly” – ‘Freehold’ Price 200-Million Baht.
 
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