• Business: Guesthouse
• Location: Soi Beach Road, Pattaya, Thailand
• Features: Location Location Location! This beach Road guest house has 18 en-suite guest rooms. It is located only 1 minutes’ walk to Pattaya Beach and 5 minutes’ walk to the iconic Walking Street. The owner recently refurbished the guesthouse and it’s 100% clear of water leakage problems plus a new fire exit has been installed from all levels. There is no elevator, but no need also as the staircase is quite large. Apart from the perfect location, this guesthouse also has a large street exposure and the current owner uses this ground level space for a few other types of businesses. The large frontage on the ground level is a major asset that could be turned into many other revenue making sideline businesses. Alternatively, it could just be used to make an opulent guest house lobby.
The guesthouse has total of 18 rooms – 9 large rooms and 9 small rooms (there are 3 balcony rooms on the 4th floor). The owner has just recently refurbished the rooftop and replaced the water tanks, washing machines and this area is currently used as a laundry.
The rent is cheap given its great beachfront location and all furniture and equipment are in near new condition. No money has been spared on the renovation. There is even an ATM machine at the front of the building which produces a small income as well.
With refurbishment completed, loads of potential, a long lease and a prime location, a buyer can invest in this business with confidence.
As an option to buying this business, it may be made available for sub-lease (rental only). Please ask us for more details.
• Tenure: Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease)
• Asking Price: THB 9,000,000
• More Information: Please contact us for more information (we require your name, phone number and e-mail address)
Video courtesy of Escrow.com
]]>• Business: Guesthouse and Restaurant
• Location: Pattaya, Thailand
• Features: This business offers for sub-lease with 2 parts. First part is a massage shop and 7 en-suite rooms upstairs – this part has been sub-leased already with monthly income around THB 50,000 a month. Second part has never been operated and the owner has just recently refurbished in March 2020. The 10-room guest house, 18 bed-hostel and a restaurant. This business is completed and ready for a new owner to make money from day one. Key money is to be paid one off payment only. There is no company offered with this listing. Inspection can be arranged after completing a Non-Disclosure Agreement (NDA).
• Tenure: Property Rental (Sub-Leasehold Premises). 3 years with option to renew (Rolling Lease).
• Asking Price: NIL – Rental only with Key Money
• More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist
Video courtesy of KDPW
]]>• Business: Guest House
• Location: Pattaya, Thailand
• Features: This beautifully presented 21-room hotel and hostel is located at Pratamnak Hill in Pattaya. Nestled among mainly a residential area, it is also on a road that is used to access the nearby beach, so there are many bars and restaurants close by. Refurbished in 2018, everything is in great condition and there is even a swimming pool, elevator access to the rooms and a café on the rooftop with partial sea views. There is no company offered with this listing. Financial records are available and may be viewed upon Inspection AND after completing a Non-Disclosure Agreement (NDA). There is no key money.
• Tenure: Property Rental (Leasehold Premises). 3 years with option to renew (Rolling Lease).
• Asking Price: N/A – Rent Only
• More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist
Video courtesy of ABN-AMRO
]]>• Business: Guesthouse
• Location: Pattaya, Thailand
• Features: Positioned between Pattaya Second Road and Beach Road and only a short walk to Walking Street, this single shop-house guest-house has 10 rooms over four floors and a small restaurant/cafe on the ground level. All rooms are furnished and have their own bathroom. The front three rooms also have balconies. During COVID, the owner reports occupancy of around 50% and net profit of between THB 20,000 to THB 50,000, although prior to COVID, profit ranged between THB 150,000 and THB 200,000 per month. Most guests are long-stay with rooms (currently) selling for around THB 5,000 a month. Electricity is metered separately for all rooms. Rooms feature double beds, TV, small fridge, hot and cold water in the bathroom, air-conditioning and WIFI throughout. There is a small restaurant/reception area on the ground level with a tea and coffee station for guests, drinks fridges, high tables and standard dining tables, sofa, a small kitchen and a Western-style toilet. Seating is also available at the people watching counter out front and at the bar counter which also doubles as the reception counter. As would be expected, staff numbers right now have been reduced. Currently there are two, but previously the business supported more. The business comes with licenses and a company that can support up to two foreigner working permits. Location is very good and considering the current owner has invested over THB 1,500,000 in this business, price is also very good. Asking price includes stock on hand at the time of transfer and the owner will assist with transitioning. Financial records are available and may be viewed upon Inspection AND after completing a Non-Disclosure Agreement (NDA). Key Money is THB 200,000, due upon commencement of lease. Frequency of Payment: Paid upon each lease renewal.
• Tenure: Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease)
• Asking Price: THB 1,000,000
• More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist
Video courtesy of Interactive Brokers
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