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Hotel for Sale in Pattaya, Thailand

For Sale: Partially operational hotel in Pattaya with 120+ rooms, restaurant, swimming pool, fitness centre.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 187 thousand
Run Rate Sales USD 187 thousand
EBITDA Margin 20 %
Industries Hotels
Locations  Pattaya
Local Time 6:23 AM Asia / Bangkok
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 4.14 million (Native Currency: THB 133,000,000)
Reason: Owner is not in Thailand anymore so would like to sell the business.
Includes physical assets worth USD 4.14 million
Interested to connect with advisors
Documents
Presentation
Floor Plan
Floor Plan 2
Business Overview
- Partially operational hotel in Pattaya, Thailand.
- 8-floor building which is constructed on 5,000 sqm property.
- The property has 120+ rooms, restaurant, swimming pool, fitness centre and underground parking space.
- Hotel rooms are not operational but the restaurant, swimming pool, fitness centre is open to the public.
- The new buyer has to do a few cosmetic changes to the property and install furniture to start the hotel business.
- Once the renovation is complete the buyer has to apply for the hotel license.
- Restaurant is small and has around 30 seats. The fitness centre has over 100 registered members.
- Buyer would get the business with the land, building, furniture, gym equipment.
Products & Services Overview
Partially operational hotel with 120+ rooms, restaurant, swimming pool, fitness centre. Hotel is not operational but the restaurant, swimming pool, fitness centre is open to the public.
Facilities Overview
Owned 5,000 sqm land having an 8-floor building with restaurant, swimming pool and fitness centre.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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