Great location in the lower Sukhumvit area, it is situated less than 50 meters from the Nana BTS Station with direct visability from Sukhumvit Rd. The Hotel and Restaurant offer 32 Rooms and 40 Seats in a cozy restaurant setting. The Soi is well known in the area and offers many other attractive options, including hotels, restaurants, bars, clubs and shopping. It provides a central destination for Residents and Tourists alike.
The Hotel has 3 different types of rooms and the current occupancy rate is in excess of 85%. There are 5 levels and on the roof is located a terrace for laundry and staff needs. The room rates start from 800 THB to 1200 THB per night. All rooms offer TV, A/C, bathroom and hot water.
The Restaurant offers a large Western Menu with a “Touch of French”, as well as a nice Thai Menu. The restaurant has an open floor plan with a lovely terrace which is very much appreciated by customers and hotel guests. The restaurant is open from 7am to late at night and has the potential to be open 24/7 as all licenses are in place. The kitchen is fully equipped and managed by trained Chefs.
The Business is coming with a Thai Company and is able to provide 2 Work Permits. The Capital of the Company is 4 M THB and a long renewable lease is already in place. The rent is signed and fixed for the next 9 years, quite unusual for businesses of this nature in Bangkok.
The turnover is up to 1.4 M THB a month in Low Season (6 months) and up to 1.8 M THB in High Season. The net profits are very compelling and can be increased if the Restaurant is open 24/7. There is great potential for this area. The room rate can easily be increased with some minor renovations and within a reasonable budget.
The asking price is 7.5 M THB. The Staff is well trained and stable, including cooks, wait staff, maids and reception. A visit is highly recommended.
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