Profitable Party Hostel, Bar and
Restaurant Koh Phangan
Listing No. 066-67-05-006
- Business: Hostel with Bar and Restaurant
- Location: Koh Phangan, Surat Thani, Thailand
Features: Established in 2005 and owned by the
current owners since 2015, this combination guest-house and hostel with bar,
restaurant and swimming pool is situated on the full moon party island of Koh
Phangan, Surat Thani. Very well
appointed and trading profitably, everything is in place ready for a new
owner. It's licensed, stocked, listed
with all major online booking agencies, has staff (normally 2, but up to 5
depending upon the season) and the owner will even assist with a transition.
The establishment offers the best
of both worlds to its guests - a party hostel during full moons and a lovely
relaxing hostel resort in between. The
area is very well-known for its full moon parties, but also for its health
and yoga resorts and Kite Surfing.
Located about a 1.5 hour flight from Bangkok and then a 20-30 minute
boat transfer, but a new airport planned to open on the island in about 2
years will negate the need for the boat trip.
The business comes with a THB 4,000,000
Thai limited liability company which is the minimum requirement for the
application of two work permits, making it an attractive option for a foreign
buyer. The company capital could be
increased to allow for additional work permits if required. The lease, which is in the company name so
does not need to be re-negotiated has lots of years remaining, and rent for
this large property is very reasonable.
No key money and no security deposit.
The room configuration is somewhat
interchangeable dependent upon the requirement in that two of the dormitories
(8 beds and 6 beds) can be converted to double private rooms or family rooms.
The apartment is quite large and a second room could be added to it easily. Overheads are low with water being drawn
from an internal well and hot water being generated from solar panels. LED lighting is also used around the pool
area. 4 CCTV monitors are installed.
This business has been
professionally setup and is very well managed. It enjoys a good reputation as a party
hostel, but could quite easily be transformed into a lodge for those
requiring a more peaceful lifestyle.
It's profitable and ready to transfer to new owners. An inspection will not disappoint - choose
your time - party or relax?
- Tenure: Business Sale and Rent
(Leasehold Premises). 9+3 years (commenced 2015).
- Asking Price: THB
- More Information:
Please contact us for more detailed information (we require your
name, phone number and e-mail address)