*SOLD* Guesthouse, Restaurant and 3 rooms suite For Sale – North West Coast, Koh Chang

This property has been sold !

URGENT FOR SALE !!! New interesting, well-proven business for sale in Koh Chang! When it comes to inexpensive guest houses, offers in Koh Chang are very rare, and the demand for them is very high! And this particular one is one of the best at the moment. Do not hesitate too long, it will be taken away very quickly! It is located in a popular area on the west coast of Koh Chang. In the heart of the island, close to many different restaurants, shops, hairdressers, sewing workshops, pharmacy, supermarket, bank and 5 leading hotels in of the island. The business includes a restaurant, Guesthouse with 4 rooms and a suite with 3 rooms (2 bedrooms) for accommodation. It has been operational for 6 years and ready to work.

Very high rating on booking.com ! Perfect for a first investment in Koh Chang. 

The guesthouse

The 4 rooms guesthouse can accommodate 8 guests. All the rooms are equipped with A/C, TV, fridges, hot water, and everything is fully furnished (computer table, closet, safety box).

Details :

• One 36 sqm. Room – equipped with 2 queen size beds.
• Two 24 sqm. rooms with king size beds.
• One 44 sqm. big room with a balcony.

The good reviews of the guesthouse on booking websites (booking.com, agoda, etc. : 8+/10) guaranties a very solid occupancy rate.

The restaurant

The themed restaurant is fully furnished, with a big outside terrace and a fully equipped kitchen. It offers 40 seats with possibility of extending.

The suite

A suite on the second floor offers a large living space of 104 sqm., with 1 living room, 1 bathroom, and 2 bedrooms. Right now it’s used by the owners as their main accommodation, but it’s possible to convert this area into guest accommodations.

Additionnal Detail

• Total surface : 508 sqm.
• 3 to 6 staff are needed to run the whole business.
• Car parking available (3 cars).
• The contract is a classic 3+3+3+3 years, with 2 years remaining on the current contract, with no increment between each period : same price for the next 11 years.
• The rent is paid monthly : 30k/month.
• The current owner will assist in the transitioning period (if needed).
• Cost of utilities : 5,000 to 10,000 per month. the financial details of the previous years will be provided after visit only.
• Turnover : 2 to 5 million a year.

For more cheap business for sale in Koh Chang (less than 1M THB.), consult this link : cheap business for sale.

For more offers and consult all the business for sale in Koh Chang area, please consult this link : business for sale.

Contact Dee One Property for more details.