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   Date    Header Price  
22/05/2006  Commercial Building1 950 000
-- Hotel/Guesthouse -- Northern Region -- Chiang Mai -- --   GE Edit
22/05/2006

Beautiful Resort

 53 000 000
BKK12041JS - This beautiful Resort is 90 minutes drive to the north of Chiang Mai, and consists of 20 Lanna style houses and bungalows on 14 rai (22,400 square metres) of land. The resort is meticulously clean and well maintained, and also features a restaurant and a swimming pool. The owner established the popular retreat seven years ago, but must now leave Thailand to return to his home country to take care of his elderly mother. Annual receipts have been coming in at between 1,500,000 baht and 2,000,000 baht, but this year are expected to reach around 2,500,000 baht as the business becomes even more popular. These figures yield average net profits of approximately 1,000,000 baht, but this upcoming year should therefore see even higher profits. Up to 42 people can be accommodated at any one time, and 10 full time employees are in place to take care of them. The freehold sale includes all land, buildings and assets.


Annual revenue 2,000,000 Baht ($50,000)

Annual Owner's benefit (earnings before taxes and depreciation) 1,000,000 Baht ($25,000)

Furniture, Fixtures & Equipment included in the Investment Price 5,000,000 Baht ($125,000)

Your Total Investment to own this business 53,000,000

Your Initial Cash Investment Needed 53,000,000 Baht ($1,325,000)

Inventory included in the Investment Price 10,000 Baht ($250)

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