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Guest House for Sale in Karon, Thailand

Established restaurant and guest house ready for full sale in Karon, Phuket.

Established 20-30 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 120 thousand
Run Rate Sales USD 7.2 thousand
EBITDA Margin 5 %
Industries Restaurants + 1 more
Locations  Karon
Local Time 4:00 PM Asia / Bangkok
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 105 thousand (Native Currency: THB 3,500,000)
Reason: The promoter is planning to move out of the city. The high valuation takes into account our establi... View More
Includes physical assets worth USD 4.5 thousand
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Business Overview
- Located in the prime tourist destination of Karon, Phuket, just 300 meters from bustling Kata and Karon beaches, enhancing foot traffic and visibility.
- Offers a unique blend of Thai and European cuisine, with top-selling items such as flank steak and salmon steak, appealing to diverse customer preferences.
- Accommodations include 2 fully booked apartments and 2 bedrooms during peak season, showcasing the business's attractive lodging services.
- The sales have decreased as it is the low season now and is expected to pick up from November to April in the high season.
- High season revenues can reach up to BHT 400k per month, demonstrating significant earning potential during peak tourist periods.
- Consistent customer flow with 10 to 15 diners during the low season and a notable jump to 50 to 55 during the high season, indicating robust seasonal demand.
- The establishment is well-regulated, holding both a food license and tax registration, ensuring compliance and legitimacy within the sector.
- With only 4 employees, the business maintains a lean operational structure, providing opportunities for increased profitability through expanded services or marketing strategies.
Products & Services Overview
The business's top-selling products and services:
- Flank steak.
- Salmon steak.
We offer Thai and European cuisine in the restaurant.
Also offers lodging to guests.
Assets Overview
Tangible assets: all the kitchen equipment, 7 fridges, furniture and the entire set-up.
Intangible assets: brand value and website.
Facilities Overview
Operates out of rented 3-floored property:
- Restaurant (56 seats) on the ground floor,
2 apartments and 2 rooms for tourist rental are located on the two upper floors.
3-year renewable leases.
The area of the restaurant is 800 sq m, the apartments are 100 sq m each and the rooms are 12 sq m.
The monthly rent we pay is BHT 58k.
Apartments and rooms are rented on a per-night basis.
Apartments price - BHT 2.5k per night.
Room price - BHT 1.5k per night.
Capitalization Overview
No loans in progress, this company regulates itself thanks to the attractiveness of the island of Phuket and is very busy in high season.
The business is completely owned by the promoter.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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