Date | Header | Price | ||
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-- Business-other -- Bangkok and Vicinities
-- Bangkok -- --
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21/05/2006 | Beauty Centre, Massage Parlour |
4 500 000 | ||
BKK11297YS - A Bangkok Beauty Centre and Traditional Thai Massage Parlour has become available due to the owner’s impending retirement. Well established after eight years of trade, the venture is well located, close to Sukhumvit Road in Klongtoey. Annual profits are coming in at 2,400,000 baht, from receipts of 7,200,000 baht, as a large client base has been built up over the years. The business has been attractively priced to sell, at less than two times earnings, and the assets alone have been valued at 3,500,000 baht. The four level shop house has total floor space of 160 square metres, with monthly rent of 46,200 baht and a three year plus three year lease. There are 17 employees on the payroll, the majority being part time staff, and the monthly wage bill totals 100,000 baht. Widely recognised and well established turnkey businesses in good locations often move fast, and the owner expects this enterprise to do likewise. Annual revenue 7,200,000 Baht ($180,000) Annual Owner's benefit (earnings before taxes and depreciation) 2,400,000 Baht ($60,000) Furniture, Fixtures & Equipment included in the Investment Price 3,500,000 Baht ($87,500) Your Total Investment to own this business 4,500,000 Your Initial Cash Investment Needed 4,500,000 Baht ($112,500) | ||||
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