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Resort for Sale in Chiang Mai, Thailand

Boutique resort in Chiang Mai with 7 Lanna-style villas, 11 rooms, and extensive tropical gardens.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 220 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 23 %
Industries Resorts
Locations  Chiang Mai
Local Time 1:21 AM Asia / Bangkok
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 3.1 million (Native Currency: THB 99,750,000)
Reason: The owner wants to retire.
Includes physical assets worth USD 3.1 million
Interested to connect with advisors
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Business Name
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Documents
Ariel view
Lotus villa
Hotel License
Business Overview
The resort is located next to a Buddhist Temple, 15 minutes from Chiang Mai city and with easy access to the international airport and the mountainous region of Mae Rim.
There are numerous activities within the surrounding area; many excellent golf courses, and adventure activities, such as zip lines, river rafting, ATVs and target shooting ranges.
There are also hot springs, flower gardens, famous temples and elephant sanctuaries.
The resort consists of 7 villas housing 11 bedrooms set in a tranquil tropical garden. Each villa has one or more double bedrooms, a dressing room and separate bathrooms, several villas also include living rooms.
The villas all have bespoke solid teak wood furniture. There are private terraces attached to all villas overlooking the tropical gardens.
The resort has a swimming pool and a plunge pool, a children’s playground garden and a restaurant with a bar overlooking the fish pond.
There is a private car park, storage rooms and land included to expand the resort.
Have a lot of advance bookings for this year.
The occupancy rate varies from 50-90% depending on the season.
The business has hotel and alcohol licenses.
The resort could also be used as a retirement home or facility for medical recuperation.
Products & Services Overview
The resort with villas, tropical garden, a swimming pool and a plunge pool, children’s playground garden and a restaurant with a bar overlooking the fish pond.
We serve tourists and local customers.
Assets Overview
Assets include land, buildings, villas, interiors, furniture, equipment, tools, utensils and everything else.
Facilities Overview
There is a private car park, storage rooms and land included to expand the resort. The total land area is 5256 sqm. Own property in Amphur Muang.
Capitalization Overview
The shareholders are in one family the majority shareholding is with the owner.
The business has no loans or liabilities.
Recent Activity
  • Earlier than 15 days
    CEO Assistant, Singapore, Financial Consultant connected with the Business
  • Earlier than 15 days
    Sr. Sales Advisor, New York City, Business Broker connected with the Business
  • Earlier than 15 days
    Director, Brussels, M&A Advisor connected with the Business
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Contact Business
7 Buyers already contacted this Business. Register below to connect now!
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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