VA1418 – This 10 month old business is set on a very strong frequented area. The Restaurant easily seats 50 people and currently serves Thai and European meals. There are 30 fully furnished rooms in the Guesthouse. The rental prices depends on the season low season 400 to 800 baht per night, high season 500 to 1.000 baht per night. The Restaurant in the building operate on 80 sqm ground floor and the whole building has 4 floors. Monthly rent is 90,000 baht. The lease contract expires in 2 years and two months is on 3 + 3 renewal option. There are 6 full time employees with a total salary of 45,000 baht. The owner is selling because he likes to spend more time with his family.
Asking Price: 2,500,000 Baht. PENDING!!!
Listing: VA 1418
Business Location: Pattaya
Business Type: Guesthouse/Restaurant
Monthly Rental: 90,000 baht
Key Money: none
Monthly Payroll: 45,000 baht
Annual Receipts: confidential
Annual Cash Flow: confidential
Year Established: 2014
Asking Price: 2,500,000 baht PENDING!!!