Profitable Backpacker Hostel and Full Bar Sukhumvit Soi 11
Backpacker hostel with full bar 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, bar sales, food 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.
Selling the business due to family and life changes.
For details please contact : email@example.com