Two blocks of commercial buildings // 24 sq.w. or 430sq.m. // 5th floor // 50bedrooms // 11bathrooms // 3.3MB
Location: in the heart of busy Sukhumvit area, in soi sukhumvit 33
Nearby: - less than 5 minutes walking distance from Phrom Phong BTS station and 10 minutes from Asoke MRT station - less than 5 minutes walking distance to the EM District, a significant landmark, a group of three shopping malls including emporium / emquartier / em-sphere, the largest department stores in Thailand - next to 7-eleven and 1 minutes to family mark convenience stores opening 24hours - surrounded by Thai and International restaurants, bars, spas, salon, money exchange, and many street food vendors.
Property details: 4.5th floor with rooftop, 24 sq.w. or 430sq.m. , 50 beds with 11 bathrooms (separately on every floor) , can serve up to 80 customers at the same time ,
Nicely Furnished & Interior designed: Each bed has its own wall-mounted television, individually-controlled light, enough head space to comfortably change in privacy with the help of seal-up curtain, safety-deposit box with security code system, international plugs, and locked cabinets under individual bed which is big enough for luggage. There are two sizes of bed: Single and Double-sized enough for two persons, and special only-lady floor providing separated dress-up rooms.
Facilities: 24-hour Reception counter service, Hi-speed WiFi and CCTV cameras and telephone dialing to reception are installed every floor ; multi-tasked room with television and computer with high-speed internet ; dining area with microwaves, coffee machines, water (hot-cold) machine, plates and 3tables&chairs ; laundry area with washing machine and drying machine ; air-conditioners & indoor&outdoor ceiling fans & ventilators on every floor ; common area on rooftop with sofa and chairs to enjoy beautiful-view from balcony , 3 well-trained and highly experienced receptionists, 2 housemaids , the set-up keycard system to access at front and every bedroom doors.
Business marketing/rating: hostel has been in the business for more than 2 years, ranking on top range in Trip Advisors and received great review on every OTA (hotel booking websites; for example, Agoda, Booking, Hostelworld, Expedia, Hotels.com, Ctrip, Traveloka, Airbnb) channels for its best services, cleanliness, security and convenient location.
Targeted occupant: a strong client base already, not limited to only foreigner travellers but also Thai residents who work in Sukhumvit area, both online and walk-in clients, backpackers and private tour groups.
Management: The current owner has a limited time to manage the hostel but truly believes that there is a great opportunity to grow the business, as Bangkok is one of the most-visited cities in the world. The monthly rental rate for this top location is THB 150,000 for 3 + 3 + 3 year’s lease (with 10% increase every 3 years). Everything is set up, ready to manage and operate. The current owner is more than happy to share necessary information to potential buyers ONLY.
Asking price: 3.3 Million Baht, a fair reasonable rate considering the great opportunity and fast-growing of this business.
Direct Contact: (+66) 8 9 7 5 4 5 5 5 5 or [email protected]