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-- Business-other -- Bangkok and Vicinities -- Bangkok -- --   GE Edit
12/05/2006

4 storey Motor Vehicle Service Centre.

95 000 000
BKK11412YS - This four storey Motor Vehicle Service Centre is located in Bangkok, and is surrounded by high density housing, department stores and commercial enterprises. Established in 1995, the business realises annual profits of 1,200,000 baht, from receipts of 20,400,000 baht. The owner wishes to pursue other business interests however, and will offer the building and business to a new owner, who will need to pay monthly land rent of 52,175 baht up until 2013, rising to 62,610 baht up until 2018 and then 80,000 baht up until the end of the lease in 2023; the land measures over 9,000 square metres. The building itself has total floor space of over 11,000 square metres, and has been valued at 80,000,000 baht. The owner spent 150,000,000 baht to set up the business, 50,000,000 of which was for the assets, but is now willing to let the business go for 95,000,000 baht. There is also a three storey car showroom on site, which is currently not functioning, but which could bring added revenue for the new owner. There is a large workforce of 42 staff on the payroll (35 full time staff), to deal with the high volume of trade, and the total monthly wage bill is 450,000 baht.


Annual revenue 20,400,000 Baht ($510,000)

Annual Owner's benefit (earnings before taxes and depreciation) 1,200,000 Baht ($30,000)

Furniture, Fixtures & Equipment included in the Investment Price 50,000,000 Baht ($1,250,000)

Your Total Investment to own this business 95,000,000

Your Initial Cash Investment Needed 95,000,000 Baht ($2,375,000)

Inventory included in the Investment Price 0





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