Profitable Resort for Sale in Surat Thani, Thailand
|Legal Entity||Private Limited Company|
|Reported Sales||USD 43 thousand|
|Run Rate Sales||USD 32 thousand|
|EBITDA Margin||70 - 80 %|
|Local Time||4:04 PM Asia / Bangkok|
|Listed By||Business Owner / Director|
- Operation villas that are the first of their kind on the island.
- Project is diverse in how it can be run. Can be rented as individual houses or run as a resort.
- Located in the most expensive area on the island, Koh Phangan.
- 70% of the project has been completed. (3 villas completed and being rented, remaining 2 are 70% finished).
- No lease, no mortgage, and Chanote land.
- Occupancy rate before COVID19 was 85%, (since the business opened 6 months before the crisis).
- Covid occupancy has been 100%.
- The figures are based on 2 villas of 6 months operations only.
- We operate at a high EBITDA margins because there is no mortgage on the property. There are no workers, so no wages. Income is pure profit.
- Booking can be done using the various online travel sites.
- The business has experienced a drop in revenue from last year due to a small fall in occupancy which can be easily be covered.
5 one-bedroom pool villas built on 1,100 sq. m. with reception, car parking, and storage unit.
The legal entity, 5 villas, all the interiors, and the land.
Each villa is 60 sq. m. All are with sea view, private pools, identical design. 160 m. from the beach. All have sunset views. It is owned by the business.
Earlier than 15 daysDirector, Tours & Travels, Bangalore, Individual Investor / Buyer connected with the Business
Earlier than 15 daysDirector, IT Research And Development, Kuala Lumpur, Corporate Investor / Buyer connected with the Business