Relaxation, Massage, Sauna & Spa Business in Rawai for Sale, Turnkey Operation

฿20,000,000
1300 sqm land
Freehold
Property ID: SB-04
Property Details
Large Plot
Near Beach
Private Pool
Property typeHotels & Resorts
Offer typesale
LocationRawai
Land area1300 sqm
StatusCompleted
Completion date2007 - 2009
OwnershipFreehold
Description

Massage, relaxation, massage pool, ice bath, etc. 

The business is up and running, and the current owner will assist during the transition period. This is a perfect opportunity to take over a profitable business.

Customers can enjoy a full day of relaxing with different sorts of body massages and facial treatments, or simply have a relaxing time in the sauna. Enjoy a bath in the frosty pool with real ice cubes, a fantastic experience in the tropical heat!

Afterward, have a beer or a coffee in the bar. Here you have the whole package for an unforgettable day that will leave you with a wonderful relaxed feeling.

1,300 sqm Land Area with 4 Structures

  • Two-story main building of 96 sqm. The bottom floor functions as kitchen, bar, etc used for the business. The second floor is currently used as permanent living by the owner. There are 3 bedrooms + an outside area that could be turned into a 4th bedroom. 
  • Massage building 50 sqm 
  • Sauna with showers, toilets etc. 
  • Watertower with three rooms of 7 sqm each with toilet and shower, mainly used as accomodation for staff. 

Two Pools

  • One massage pool with powerful jets
  • One smaller pool mainly used for ice baths which is a huge attraction for people in the area who work out at gyms, cross-fit boxes, Muay Thai gyms, etc. 

Return on Investment

The business has been running profitably since 2009 when the current owner built everything from scratch.

Pre-covid about 4M revenue and 50% of that profit. With a selling price of THB 20 million, a 10% ROI is achievable. 

Business has been slower during covid times, but still producing a solid 6-7% ROI. 

There are currently three kitchen/bar employees and three to four masseuses. More can be brought in on a freelance basis. 

The customer base is mostly regulars from the area who in turn bring in friends and family as they visit. As such, there is a steady business all year round.

The ice bath is a huge selling point. 

Features
Furnished
Garden View
Spa
Swimming Pool
Contact Us
Agent
Pulse agent - Sales Manager

Sales Manager

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