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   Date    Header Price  
10/08/2007  Two plots of land5 104 000
-- Business-other -- Northern Region -- Chiang Mai -- --   GE Edit
10/08/2007

Miniature Golf Course

4 500 000
City: Chiang Mai
Listing Size: 2 Rai
Number of employees: 14
Monthly rent: B30,000
Furniture, Fixtures & Equipment: B4,000,000
Inventory at Cost: B50,000
Annual Receipts: B3,900,000
Annual Profit: B1,440,000
Asking price: B4,500,000
This Miniature Golf Course is one of only two in the beautiful northern Thai city in which it is located. Sitting on 2.2 rai (3,520 square metres) of land in one of the city\'s most scenic areas, the business also features a reception area with bar, a large kitchen, a music stage and five awnings with tables for outdoor eating and drinking. Although the business was only established a year ago, the financial results have been highly satisfactory, and the receipts of 3,900,000 baht yielded profits of 1,440,000 baht. Nevertheless the owner wishes to offer the business up for new ownership, as he wishes to invest in another unrelated business opportunity; he is also prepared to entertain partnership proposals however, as he believes the business to be a good one. Monthly rent is only 30,000 baht and the enterprise employs 14 full time and five part time employees who are paid a total monthly payroll of 70,000 baht. A three year plus three year lease contract is being offered.
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