Pattaya: Guesthouse for sale

[Roger]

LEASEHOLD 16 ROOM GUESTHOUSE, MASSAGE PARLOR AND BAR FOR SALE ON SOI BUAKHAO – 8,000,000 BAHT

Guesthouse, Massage parlor and Bar for sale (Leasehold) in central Pattaya soi Buakhao. This Business occupies 3 Shop houses and extends 4 stories upwards. Business has been successfully operated since 2008.

On the ground floor is a double unit massage parlor and a bar with a patio. Upstairs consists of a 16 room Guesthouse.

Occupancy rate for rooms are 90% per year. Average yearly sales are 6.5 million baht and profit is around 45%. Salaries are 38,000 (5 staff) + Commission for Massage staff (approx 50% of massage returns). Other Expenses includes, Electricity, Water, UBC, Internet/Phone and Laundry. Full set of accounts available. Automated POS (Point Of Sale) system in place. Remote Access for POS and CCTV cameras, i.e. you could monitor live sales and 14 CCTV cameras from the comfort of your own home. Sale includes fixtures and fittings. Lease is 3+3 years. Revenue breakdown approx 70% returns from the Guesthouse and Massage. Approx. 30% from bar.

No Key Money. Website (Target Regency Guest House Pattaya), Company and work permit included for 1 person. Many repeat customers. Rent is 125,000Baht per month. Refundable deposit is 338,000.

Every room has a 21” Television, Aircond, Fan, DVD Player, Electronic Safebox, Wardrobe, Queen Sized bed, Cable Tv (60 Channels), Hot Water Shower and WiFi Internet Access. There are 2 superior rooms, one with a Jacuzzi and a kitchen and the other with a living area.

If interested please call Gerard (Eng/Thai) at 0832 963556(from Thailand) or +66 832963556(from overseas) e-mail pearl5121@yahoo.com.

[Roger]

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