Date | Header | Price | ||
---|---|---|---|---|
-- Business-other -- Southern Region -- Surat Thani -- -- | Edit | |||
21/05/2006 | Internet Shop in Koh Pha Ngan |
900 000 | ||
BKK11641FS - Being the proprietor of another business in Bangkok, the owner of this listing has decided to spend more time in the capital, and will therefore listen to offers for this Internet Shop in Koh Pha Ngan. With a great location on the route to Hat Rin beach, and plentiful foot traffic as a result, the shop is making net profits of 900,000 baht per annum, from receipts of 1,800,000 baht, and with an asking price representing just one year’s earnings, the new owner will quickly recoup his or her outlay. In fact, if the new owner did not wish to acquire the assets, valued at 400,000 baht, then the business could be snapped up for just 500,000 baht, which represent tremendous value. The two storey building measures 300 square metres, and the upper floor is currently unused, meaning that the business could be expanded or diversified with the addition of rental rooms. Monthly rent is 15,600 baht, with a long lease that does not expire until 2010. There is only one employee in place, with wages of 4,000 baht per month. Annual revenue 1,000,000 Baht ($25,000) Annual Owner's benefit (earnings before taxes and depreciation) 900,000 Baht ($22,500) Furniture, Fixtures & Equipment included in the Investment Price 400,000 Baht ($10,000) Your Total Investment to own this business 900,000 Your Initial Cash Investment Needed 900,000 Baht ($22,500) Inventory included in the Investment Price 20,000 Baht ($500) | ||||
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