| Date | Header | Price | ||
|---|---|---|---|---|
-- Business-other -- Bangkok and Vicinities
-- Bangkok -- --
| Edit | |||
| 12/05/2006 | Car Wash, Car Care and Car Detailing |
300 000 | ||
| BKK11560G - This Car Wash, Car Care and Car Detailing business has a good Sukhumvit location in Bangkok, with thousands of vehicles passing every hour. The owner bought the business for his girlfriend, but she has become bored with the business after only four months, and wishes to do something else. The opportunity therefore presents itself for a new owner to step in and continue trading, with a ready made workforce of seven full time employees; these are paid a total of 30,000 baht per month. There is a long term lease, which runs for another six years with another three year plus three year option on completion. The owner paid a three month deposit for the lease (with monthly rent of 30,000 baht), which is included in the sale, and this will be returned to the new owner after three years. Assets are valued at 490,000 baht, and these as well as the lease deposit mean that the owner paid 580,000 baht to set up the business only recently, and you have the chance to acquire the venture for less. The enterprise consists of a covered concrete area (measuring 225 square metres) where customers’ cars are cared for, and an air-conditioned 18 square metre office. Little effort has been taken to make this business work, and consequently predicted annual receipts of 1,200,000 baht are only forecast to make profits of 200,000 baht, but the owner feels that, with such a good location, only a minimum amount of promotional activity would be needed to make the venture successful. Annual revenue 1,200,000 Baht ($30,000) Annual Owner's benefit (earnings before taxes and depreciation) 200,000 Baht ($5,000) Furniture, Fixtures & Equipment included in the Investment Price 0 Your Total Investment to own this business 300,000 Your Initial Cash Investment Needed 300,000 Baht ($7,500) Inventory included in the Investment Price 0 | ||||
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