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  Hotel Business for Sale Specification of the Business Code : EM0706022
Category of Business : Hotel
Full of Business : Freehold Hotel
Type of Sale : Sale / Freehold
Location : South Pattaya, Pattaya, Chonburi, Thailand
Purchase Price : 130,000,000 Baht
Base Monthly Rental : 0 Baht
Security on Lease : 0
Terms and Conditions : N/A
Bldg Size : 4,868 Sqm. 5 Floors ( Land 210 Sqw.)
Seats : 76 Rooms, 50 Seats guest lobby
24Hrs. Security :
No. Employees : FT: 10 PT:
License Required : Yes
Parking : 20
Days Open : 7
All trade fixtures and equipment included except the following items :
Established : 10
Furniture, Fixtures & Equipments (Current Value In Baht Included in Purchase Price : 44,559,840 Baht
Inventory at Cost : 427,100
Gross Annual Cash Receipts Seller can prove : 7,940,088 Baht /
Net Annual Profit (After Expenses) (Seller can prove) : Baht /
Annually / Once Only : 0 Baht
Additional Terms :
Business Description:
Freehold Hotel
One of Jomtien’s Major Beachside Hotel Offered For Sale
Successful for 10 years and positioned for many more years of future successes, this Jomtien landmark is being sold along with the land on which it sits. It is a rare occurrence for a property of this size and distinction to come on the market, particularly in an area like Jomtien where property values are soaring. Certainly, there is no comparable offer to sell in the region at this time.
The basic statistics are as follow:
• Land size:  210-sq.-wah.
• Building footprint: 5,868-sq. meters
• Building height: 5 floors
• # of Rooms: 76
• Parking provided: 20 spaces
• # of Employees: 10
• Monthly payroll: 58,000 baht
• Value of FFE included: 45-million baht
• Inventory at cost: 425,000 baht
• Annual sales: 8-million baht
• Annual profits: 6-million baht

The property is a jewel in any portfolio, and likely to offer both substantial operating profits and future appreciation. Price 130-million baht.
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