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   Date    Header Price  
12/05/2006  Party Boat venture3 000 000
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-- Business-other -- Northern Region -- Chiang Mai -- --   GE Edit
12/05/2006

Car Rental Firm

18 000 000
BKK11848JS - The owner of this Chiang Mai Car Rental Firm is planning to relocate after 12 year of very profitable trade. The opportunity therefore exists for an investor to take over the reins and continue making annual net profits of 4,967,232 baht, from receipts of 9,324,000 baht. The fleet consists of 30 vehicles, and of these 11 are on 10 year lease contracts with an international company. Each car is fitted with GPRS (global positioning) so that the company can trace the exact location of each vehicle anywhere in Thailand. The headquarters consists of a garage, two offices, a car washing area, a kitchen, three staff bedrooms and two shops that are leased out, bringing in 20,000 baht per month. Besides the fleet of cars, the new owner will acquire a website, two computers, five air-conditioners, three televisions, a fridge, a washing machine and the car washing equipment.


Annual revenue 9,324,000 Baht ($233,100)

Annual Owner's benefit (earnings before taxes and depreciation) 4,967,232 Baht ($124,181)

Furniture, Fixtures & Equipment included in the Investment Price 0

Your Total Investment to own this business 18,000,000

Your Initial Cash Investment Needed 18,000,000 Baht ($450,000)

Inventory included in the Investment Price 0

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