Profitable Hostel and Bar on Sukhumvit Soi 11

Posted 9 months ago
415 Visits
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Price 1,500,000
Location Bangkok
Please contact Matthew
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Backpacker hostel for sale. The hostel has been in operation for four years with a solid online reputation. 50 dorm beds plus five private rooms. Over 320 SQM with four levels. Revenues from room sales, food and beverage sales, laundry services plus transport tickets. Upside potential through promotion of bar and food services to outside customers. Rental fee is 95,000 baht a month for all 320 SQM. Lease is a 3 3 lease, with current contract until Feb 28, 2022, after which a new 3 year term to be signed. Return on Investment between 18 and 22 months. Partial Owner Financing Available. For details please contact :
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boston85719 Member
Member since 14 March 2019
Bangkok, Thailand
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