Pattaya 5 Room Guesthouse Take Over

This top located high quality small guest house perfectly located for business and leisure guests in central Pattaya in a side soi off Soi Bhua Kao. The well-appointed guestrooms feature television LCD/plasma screen, free welcome drink, mirror, towels, and internet access – wireless. All rooms include: Wi-Fi, Air conditioning, Coffee/tea maker, Internet access – wireless, Mini bar, Refrigerator, Satellite/cable channels, Smoking allowed, Towels, Washing machine. It is classified as 2 star hotel looks like a 4 star. This guesthouse has 4+1 rooms, a reception area with separate toilet/shower and also washing facilities in the back that can become a coffee shop, restaurant, massage parlor or laundry. The present business owner spends almost 500,000.00 THB for total renovation and changed water tanks and so on. The ROI is under 17%, electricity bill is between 4 and 8.000 THB. This business can be run by 1 person; it is rented on a Thai name. In high season the occupancy rate between 85-90%. The guesthouse is on several booking agencies like Agoda bringing in 30% of the clients with many walk in clients. The 4 rooms can be rented out daily completely legal with license. The rent is only 20,000.00 THB per month and the selling price was 1,100,000.00 THB all included, turn key business ready to move in right now and now the price went down to 650,000.00 THB!!! 0

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