Business Summary

Here's an amazing opportunity for someone looking to break into the Chiang Mai hospitality industry or to expand their current portfolio.

Due to relocating back to Bangkok, I am looking to sell my boutique guesthouse which I have built and operated for the past 4 years.

Our's is a beautiful guesthouse comprising of 3 buildings, each house have 2 rooms every room have full-kitchens, and a large botanical garden, located in the popular Suthep and Chiang Mai University area. The premise is also perfect for cooking, meditation and yoga lessons, providing strong secondary revenue sources.

With a private and intimate setup, the guesthouse requires very low-maintenance and is the perfect fit for owners who would like to settle into a more peaceful pace of life. Alternatively, for hands-off owners, one hire could maintain and operate the entire guesthouse.

All the operations and marketing have been figured out in the first 4 years. The new owner will inherit a business that is already profitable and well-positioned to grow. The business includes a beautiful modern website with new professional photography. It also holds a high rating amongst popular booking sites like TripAdvisor, HostelWorld and Airbnb.

There are already many pre-bookings for the 2014 year which will be transferred to the new owner.

Rent for the business is 38,000 baht/ month and can be negotiated at 12-month or 2-year contracts.

I am motivated to sell and will offer the full business with all the equipment and decorations for 350,000 baht.

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