Guest House very well on the outskirts of Hua Hin on the beach road and a very well know temple.
Composed of 10 rooms fully equipped with all new equipments, bathrooms, air conditioning and fan, minibar, TV and big screen, some with balcony. Renovation quality in European standard. The rooms are rented from 850 THB to 1 250 THB according to seasonality. Occupancy proven over 70% on average.
Large Bar overlooking a terrace with a capacity of 15 guests. The bar is turned into a Sports Bar with High Quality Sound System and 6 large LCD screens.
The kitchen is well equipped even if the owner is now proposing only breakfast and outsources its restoration. Ability to create a restaurant 30-50 seats in the second room on the ground floor currently used as a Pool Tables room.
Huge demand for western food offers in this area where there are more than 1,000 condominiums and upscale way. Real potential for growth in this activity.
Wifi, Laundry Service, Parking for 8 cars.
Lease 18 years, renewable. Rent is 60,000 THB with another unit currently undeveloped. The rent is blocked for the next 6 years
The Guest House is sold with a Thai company capitalized at 2 million THB opening on a one Year Visa and a Working Permit.
Turnover estimated a full year is 2,250,000 THB with low running cost bring an attractive net margin attractive.
The current owner bought another place in Hua Hin and wants to devote all his time. He therefore proposes an attractive price for this business with good growth potential: 3,250,000 THB.
Business to see quickly because it will not stay long on the market. Do not hesitate to contact us to arrange a visit.
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