Hotel for Sale in Bangkok, Thailand

- 33 tastefully furnished rooms sizing the room range from 18 sqm - 24 sqm on the 2nd - 4th floor.
- Restaurant business located in the building on the ground floor, potential to generate annual revenue of around THB 5 million (approximately USD 150,000). It is not operational yet.
- All rooms have a private shower, toilet, and AC.
- Prime location in the popular Asok area, walking distance from public transportation BTS and MRT, shopping, and entertainment venues.
- High demand among business travelers and tourists.
- Loyal customer base and solid reputation in the industry.
- Potential total annual revenue of around THB 8 million (approximately USD 230,000) with a potential net profit of around THB 1.5 - THB 2.5 million (approximately USD 43,000 - USD 72,000)
- Well-maintained building with updated infrastructure as business still running.
- Current owner is selling to raise capital to fund a new business venture and is willing to provide support during the transition period.
- Opportunity for a new owner to build on existing success and expand the business.
- Buyer would get the complete business. Building and physical assets will be made available upon further negotiations with the landlord.
- We have an occupancy rate of 70% - 90%.
- The room charge per night ranges from THB 800-1,400.
- The business has part-time employees as well.