Boutique Hotel In Chiang Rai With 33 Rooms For Sale

Business description

This boutique hotel has 33 rooms with modern decoration and amenities. All guests will enjoy a quite and relaxing stay. Hotel staff takes great pride in providing the very best service making guests feel right at home.
Hotel facilities include:
onsite restaurant indoor/outdoor dining serving international cuisine, conference room up to 200 persons, karaoke sound system, 24 hr. front desk service, night security, free parking, free wireless internet access, airport & bus station transfers, Dry cleaning, Bar, Lobby, Bicycle rental, Motorbike rental, Massage, Reception.
The hotel is located:
1km from Chiang Rai city center and 3km from the airport, and views a rice field and mountains. 60km from the famous Gloden Triangle and borders of Myanmar. Very Clean. Must see, this property will sell fast. Please contact below for futher property details.

Property information

Real Estate:

Real Property Included

Living accommodation:

Owner/manager room can live onsite in the 3 floor suite room size 45sm, with 2 large built in closets and larger bathroom.

Location:

Located in Chiang Rai City. Only 1km from the city center and 3km from the airport. Within driving distance 60km from the famous Golden Triangle and Northern Thai mountains.

Premises details:

33 Rooms total, including 2 Suites. Room amenities include: hardwood floors, remote controlled Panasonic A/C, mini bar, built in furinishing(desk,closet bed), wireless internet network(3 floors), satellite TV. Facilities include: onsite restuarant with indoor/outdoor dinning, Event room 200 person capacity with premium sound system and digital projection sreen.

Size in square feet:

Room size 25sm , Suite 45sm

Planning consent:

Fully licensed area for building and expansion. Good area for development.

Business Operation

Expansion potential:

Great Expasion Potential, with 3 empty lots next door. Also, For sale by separate owners.

Competition / Market:

Only a limited number of other hotels in the city. Competition is minimal.

Reasons for selling:

Present owners wish to relocate.

Trading hours:

24/7 operation hotel, full service.

Employees:

13

Years established:

3 years

Other information

Support & training:

Prospective buyers will receive hands on training in all areas of current operation and marketing.

Financing available:

Buyer may get private financing.

Furniture / Fixtures value:

$300,000 (included in the asking price)