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Profitable Old City Guest House/Restaurant/Bar/Laundry-No Key Money

  • Property Type: Hotel / Guesthouse
  • Number of Bedrooms: 8
  • Number of Bahtrooms: 8
  • Furnished: Fully Furnished
  • Property Size: 52 Sqm
  • Land Size: --

Ad Description

Fantastic opportunity to buy the number one rated (out of 1113) TripAdvisor "Speciality Lodging" Guest House/Restaurant/Bar & Laundry business in Chiang Mai Old City.

We would be happy to spend a month guiding you through the ins and outs of the day to day running of the business. All stock, kitchen equipment and bedroom furniture are included .

Fantastic location in the South East corner of the Old City; 450 metres from Thapae Gate, a short walk to all major attractions and a host of shops, hairdressers/barber/nail shop and bars nearby.

The Guest House has 8 rooms:

3 air-con rooms, 5 fan rooms, all ensuite with powerful hot showers.

The restaurant and bar have a good reputation and business is steady.

A laundry business is included, rates are standard and there is a twin-tub and new tumble dryer.

There is a large rooftop terrace garden for guests to relax,

Rent 30k baht per month, paid annually, option to extend annually. No key money.

We are highly rated on Booking.com/Agoda/Airbnb and several Chinese travel sites.

Reason for sale : Returning imminently to Europe for daughter's education.

For further information please contact Paul
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Busy Food and Beverage Business in the Heart of Chiang Mai’s Tourism District Listing No. 066-10-01-027 • Business: Restaurant and Bar • Location: Chiang Mai, Thailand • Features: Located centrally and not far from the Night Market, this business has been operated successfully for several years. Would suit and owner operator or husband and wife team. There is no company offered with this listing. Asking price includes stock on hand at the time of transfer and the owner will assist with transitioning. Financial records are available and may be viewed after Inspection AND after completing a Non-Disclosure Agreement (NDA). There is no key money. • Tenure: Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease) • Asking Price: THB 1,500,000 • More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist