Resort for Sale in Chiang Mai, Thailand

For Sale: Resort that has 10 bungalows and used to receive 100 bookings per month.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales Nil
EBITDA Margin 30 %
Industries Resorts
Locations  Chiang Mai
Local Time 11:51 AM Thailand
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.3 million (Native Currency: THB 38,500,000)
Reason: Owner is looking to focus on other ventures.
Includes physical assets worth USD 1.3 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Resort
Business Overview

- A resort business based in Chiang Mai, Thailand.

- Business has been non-operational for the past few months due to COVID.

- There are 10 bungalows that can accommodate 2 adults and 1 child each.

- Each bungalow is fully furnished and has an area between 24-32 Sq. Meters. Each room has an AC, fridge, 2 bedrooms, one bathroom and one office.

- Used to receive an average of 100 bookings per month and an average occupancy rate of 65% throughout the year.

- Used to conduct Thai cooking classes 3 times a week. Anyone could join and we used to take in a maximum of 8 students per session. This vertical made up a small percentage of our revenue.

- Used to provide tour excursions for the guests to visit nearby waterfalls and elephant camps.

- Revenue details will be disclosed to investors post introduction.

Products & Services Overview

Resort business that has - 10 bungalows, bar, western kitchen, swimming pool, Jacuzzi, fishing pond with large garden, mini farm that has lamb, duck, goose, rabbit and chicken.

Used to conduct Thai cooking classes, and provide tourist excursions.

Assets Overview

- Physical assets are land, equipment, interior setup and furniture.

- Sale would include entire business and physical assets.

- Will send our documentation for more details.

Facilities Overview
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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