The owner of this Pattaya Guesthouse needs to return to his homeland, to take care of his family; he will therefore listen to offers for his two year old business. There are four floors, with one apartment on each, and the guesthouse earns annual net profits of 500,000 baht from receipts of 1,000,000 baht. Deductions include monthly rent of 12,000 baht and monthly salaries of 18,000 baht for the three full time employees. There are seven years left on the long nine year lease, and a lease deposit of 20,000 baht has been paid. Owner's accommodation is included in the sale, along with a ground floor laundry.

Posted Jan 26, 2011

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