Date | Header | Price | ||
---|---|---|---|---|
22/05/2006 | Franchise VCD Rental Outlet | 1 800 000 | ||
-- Business-other -- Bangkok and Vicinities
-- Bangkok -- --
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22/05/2006 | VCD Rental Store |
450 000 | ||
UPDATE! The owner is eager to relocate, and has consequently lowered the asking price from 600,000 baht to just 450,000 baht. BKK11719G - This Bangkok VCD Rental Store was established in the Phrakanong region of the city five years ago, but was taken over by the current owner nine months ago, at which point he completely renovated the shop, spending 200,000 baht on assets and 1,250,000 baht on a new inventory of up to date movies. He has chosen to relocate to Macau, however, and must consequently place his business on the market. Re-opening just six months ago, he has already built up a client list of almost 1000 names, and predicts that his annual net profits will come in at around 400,000 baht, from receipts of approximately 1,200,000 baht. Monthly rent is 20,000 baht, and a new lease can be signed after the business is transferred (the business currently runs on a three year lease). The shop house measures 50 square metres, and there are two rooms at the back that were being prepared as an internet café. There are three employees in place and they command a total monthly salary of 21,000 baht. Annual revenue 1,200,000 Baht ($30,000) Annual Owner's benefit (earnings before taxes and depreciation) 400,000 Baht ($10,000) Furniture, Fixtures & Equipment included in the Investment Price 197,500 Baht ($4,937) Your Total Investment to own this business 450,000 Your Initial Cash Investment Needed 450,000 Baht ($11,250) Inventory included in the Investment Price 1,250,000 Baht ($31,250) | ||||
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