Hotel for Sale in Phuket, Thailand
Hotel near Phuket Airport offering 33 rooms, on-site amenities, and high occupancy with expansion potential.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 13 thousand |
| Run Rate Sales | USD 13 thousand |
| EBITDA Margin | 40 % |
| Industries | Hotels |
| Locations | Phuket |
| Local Time | 8:49 PM Asia / Bangkok |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
1.85 million
(Native Currency: THB 60,000,000)
Reason: The owners want to exit the business due to personal reasons.
Includes physical assets worth
USD
1.85 million
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Business Name
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Business Overview
- Hotel situated in Thalang, Phuket, just 2.3 km from Phuket International Airport, providing easy access for international travelers.
- The hotel offers 33 guest rooms spread across six floors, with two dedicated office spaces, suitable for management and operations.
- Features an on-site restaurant/bar, swimming pool, free WiFi, lobby area, customer lounge, and a car parking facility for guests.
- High occupancy rates of 95-99% from November to March, with the potential to boost off-peak occupancy (currently 40-60% from April to October) using marketing strategies.
- Standard room rates range from 799-1600 THB, allowing flexibility in pricing strategies to optimize profitability.
- The business needs 7 permanent employees to run the business operations, which includes 3 housekeeping, 2 receptionists, 1 accounts personnel and 1 driver.
- Fully equipped with a hotel license, alcohol and food permits, and a restaurant license, ensuring compliance with legal requirements.
- The hotel offers 33 guest rooms spread across six floors, with two dedicated office spaces, suitable for management and operations.
- Features an on-site restaurant/bar, swimming pool, free WiFi, lobby area, customer lounge, and a car parking facility for guests.
- High occupancy rates of 95-99% from November to March, with the potential to boost off-peak occupancy (currently 40-60% from April to October) using marketing strategies.
- Standard room rates range from 799-1600 THB, allowing flexibility in pricing strategies to optimize profitability.
- The business needs 7 permanent employees to run the business operations, which includes 3 housekeeping, 2 receptionists, 1 accounts personnel and 1 driver.
- Fully equipped with a hotel license, alcohol and food permits, and a restaurant license, ensuring compliance with legal requirements.
Products & Services Overview
The hotel's primary services include:- Guest rooms: Offers 33 well-furnished guest rooms.
- On-site restaurant/bar: Cater to both hotel guests and walk-in customers.
- Leisure facilities: Swimming pool and customer lounge.
- Parking and free Wi-Fi.
- Meeting and event spaces (potential): The vacant 5th floor can be converted into meeting rooms or additional guest accommodations.
Customers include business travelers, leisure travelers, and tourists.
Assets Overview
Physical assets include the land, property, furniture, fixtures and other equipment.
Facilities Overview
Own land and property of 1,344 sq m, located in Thalang District, Phuket.- The 5th floor is vacant, offering potential for conversion into meeting rooms or additional guest accommodation to increase revenue.
Capitalization Overview
- Self-funded.- No outstanding loans.
- There is 1 owner/shareholder in the business.
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