New Listing Party Hostel in Haad Rin, Koh Phangan, just 20m from the Beach Listing No. 66-0415 Only 20 meters from the beach at Haad Rin, Koh Phangan, the home of the famous ‘full moon parties’. Long tail boats on this beach service nearby townships Haad Yuan and Haad Yao. This hostel is spread over two floors and two wings separated by the reception/bar and common room. The air-conditioned common room, opening onto the ‘Sea Garden Night Bazaar’, consists of a bar with bar seating and high-table seating, double glass-front fridge, lounge seating with a large projection screen and projector. There is also a kitchenette for customer use which is equipped with a double chest freezer, tea and coffee making facilities, a fridge/freezer, an oven with 4 burners on top, sink and wash-up area, and a gas grill plate. Outside the kitchen is a sound booth with sound system and under-staircase storage. There are 6 twin private rooms off to the right of the common room. They share 1 toilet. Most rooms have TV and ceiling fans. This wing is not air-conditioned. Also on the 1st floor, but to the left of the common room, there is a 15-bed air-conditioned dormitory consisting of all bunk beds and lockers. Bed sizes are approximately 190cm x 100cm. This wing also has two storerooms for linen and other equipment, and 2 toilets and showers. Hostel sales alone over the last 3 years (according to booking agency records) show over 4 million baht income. The owner states that the bar produces about 30,000 baht a month in profit. Easily managed by 1full time staff and 1 assistant as required (generally only during the 11 full moon parties each year). Monthly salary bill is (on average) around 20,000 baht. Rent is 35,500 baht a month and utilities are typically less than 6,000 baht a month. The current lease tenure has one year remaining with an option to renew for another 6 years. There is no key money nor security deposit applicable to this sale. A small charge of 3,500 baht applies to change the lease name prior to its normal renewal date (late 2015). Asking price for this business is 2.5 million baht (near offers considered). The owner of this business also has other businesses available in the same area for sale and rent. For more information and/or photos of these businesses, please contact us. Further details can be provided upon inspection. 24 hours notice is required to inspect this business. Contact us today to book a time to inspect this bar or others we have for sale and rent in Thailand. No Agents please. Please see more photos at 66.asianbusinessbrokers/listings/66-0415.htm
Posted on: Fri, 09 Jan 2015 05:56:05 +0000
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