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-- Business-other -- Bangkok and Vicinities -- Bangkok -- --   GE Edit
27/05/2006

Samutprakarn Apartment Block

45 000 000
BKK11316YS - Owner retirement has forced the freehold offering of this Samutprakarn Apartment Block. The new owner will acquire a 15 year old six storey building with 124 rooms, valued at approximately 15,000,000 baht, and over 1000 square metres of land, with an estimated value of 1,630,000 baht. Located in a large residential community, close to an industrial estate, the enterprise is realising annual profits of 2,000,000 baht, from receipts of 2,300,000 baht; the building is very popular and rarely has a vacancy. There is parking for 10 cars, and three employees are on the payroll, which totals 36,000 baht per month.


Annual revenue 2,300,000 Baht ($57,500)

Annual Owner's benefit (earnings before taxes and depreciation) 2,000,000 Baht ($50,000)

Furniture, Fixtures & Equipment included in the Investment Price 15,000,000 Baht ($375,000)

Your Total Investment to own this business 45,000,000

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