Code : RS61060018

Property Type : Hotel/Resort

Transaction :   Liquidate

Zone : The South of Thailand

Province : Surat Thani » Ko Pha-ngan

Utopian Beachfront Yoga Residence - Freehold Ownership
Listing No. 066-67-05-020

• Business: Yoga Retreat
• Location: Koh Phangan, Thailand
• Features: This very special beachfront yoga retreat offers accommodation with the most beautiful sea views, breathtaking yoga terrace, idyllic sunsets every night, teacher training courses throughout the year and a secluded beach over 40 meters long. There is nothing else quite like it in Koh Phangan; it is pure tranquility in paradise.
The entire property is spread over 2 Rai (3,200m2) and consists of 1 large house with 3 bedrooms, 5 villas, 4 level building with spacious accommodation on each level, 35m2 covered yoga terrace (accommodates up to 40 people), 40m2 restaurant and bar and 2 language school classrooms.
Underneath each of the 5 villas there are spacious empty rooms currently used for either kitchen space, storage or meditation. The plan was always to make them into rental accommodations, but this will now enable the new owner to develop additional revenue streams.
Yoga Teacher Training courses are currently held seven times a year for a 1-month period. Each customer pays approximately 75,000 baht for the course, 17,500 baht accommodation and 17,500 baht for food. This equates to approximately 3,000 Euros per person. They have on average 30 students per course annually and are planning to rollout 10 courses in 2019. Yearly profits equate to approximately 6.5 million baht.
The language school was initially set up to ensure the French owners' Thai son was able to speak his mother tongue. From this idea the school was created and now operates every day offering French, English and Thai language tuition. This business has been successfully operating for over 20 years and fortunate to have many satisfied customers, providing repeat business and very lucrative referrals year after year.
Interested parties should be aware that the financial records have not been kept up-to-date. All available financial records and accounts will be presented following inspection.
• Tenure: Business for Sale (Freehold Property)
• Asking Price: THB 60,000,000
• More Information: Please contact us for more information (we require your name, phone number and e-mail address)

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