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Profitable Hostel In Bangkok (Leasehold) For Sale

Bangkok
Asking Price:
$80,000 (USD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Shop House Hostel within a fantastic and central location at Silom, Bangkok.

The Hostel is laid out over 3 floors. The Hostel presents an excellent opportunity to develop a proper restaurant/bar and to increase revenue.
The current owner is selling due to relocation.

**Area Facts**
Located in Silom Road, a prime tourist location. Within Walking distance of nearest BTS & Ferry Boat Pier.

# Patpong Night Market - 1.8KM
# Asiatique - 2.8KM
# Siam Centre Mall - 3.5KM
# Maha Uma Temple - 1KM

**Hostel Facts**
The Ground floor serves the Lobby, Reception and common area. There is also a Chiil Out bar serving Cocktails and Beers. This area can be easily converted to a Restaurant/Bar.

Accommodation for 34 Beds
1 x Single Room
2 x Double Rooms
Total - 39 People

Current Occupancy varies, but on average, 80% is achieved.
The Hostel operates with 1 Maid & 2 Receptionists (Day Shift/Night Shift)

The current owner will help with the transition and explain day-day operations for a period of 2 weeks to the new investor (if required)

The lease is a 3 year rolling lease.
Monthly rental is - 50,000 Thai Baht

Asking Price - 2,500,000 Thai Baht ($80,000 USD)

Property information

Real Estate:

Lease

Lease Terms:

3 Years rolling lease options.

Leasehold Rent:

$19,100 (USD) per annum

Location:

Silom, Bangkok

Premises Details:

3 Floor Shophouse currently operating as a 39 Bed Hostel

Business Operation

Reasons for selling:

Owner Relocating

Employees:
3
Years established:
2017

Other Information

Support & training:

2 weeks full support

Contact Information

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