FOR LEASE / BUSINESS TAKEOVER – WELL-KNOWN RESTAURANT & 28-ROOM TURNKEY HOTEL IN PATONG, PHUKET Remaining Lease Term: 6 Years | Total Takeover Price: THB 22,500,000 | Monthly Rent: THB 404,800 A rare opportunity to take over a well-known, fully operational restaurant together with a completely renovated 28-room hotel in one of Patong’s busiest locations. Situated directly on a main road with excellent visibility and constant tourist traffic, the property offers two complementary sources of income: accommodation and food and beverage operations. Location Highlights • Prime main-road location in the heart of Patong • Excellent visibility and constant pedestrian traffic • Only minutes from the beach, restaurants, nightlife and major tourist attractions • Strong revenue potential from both hotel guests and outside customers Established and Fully Operational Restaurant • Well-known and currently operating restaurant in Patong • Established reputation and existing customer base • Benefits from hotel guests, tourists, local residents and passing foot traffic • Ready-to-use restaurant infrastructure and professional kitchen • Suitable for continuing the existing business or introducing a new concept • The restaurant and hotel are offered together as one complete turnkey business Hotel Features • Fully renovated in December 2024 • Four-storey building without an elevator • Total of 28 guest rooms: – 20 standard rooms – 8 rooms with balconies • Each floor contains seven rooms: two balcony rooms and five standard rooms • Fully operational and ready for immediate takeover Lease and Takeover Terms • Total takeover price for the restaurant and hotel: THB 22,500,000 • Current monthly rent for the entire building: THB 404,800 • Security deposit equivalent to two months’ rent: THB 809,600 • Approximately six years remaining on the current lease • Rent increases by 10% every three years • The most recent rent increase took effect in April 2026 • The current monthly rent will therefore remain unchanged until April 2029 • The incoming operator’s lease agreement will be made directly with the property owner • An extension beyond the remaining lease term may be possible, subject to mutual agreement with the property owner Financial and Operational Information To protect the confidentiality of the ongoing businesses, detailed financial records, revenue figures, operating expenses, performance reports and other sensitive commercial information will be shared with serious and financially qualified buyers once discussions reach an advanced stage. Takeover Scope and Additional Information • Both businesses are fully operational and ready for immediate takeover • All existing furniture, kitchen equipment, fixtures and operational equipment are included in the takeover price and will be transferred to the buyer • The relevant operating licenses and utility accounts are currently active • Any license transfers or new applications required in the incoming operator’s name will be subject to the procedures of the relevant authorities • Private viewings and further discussions are available by appointment only For further information or to arrange a private site visit, please contact us via WhatsApp: +66 62 652 6364