Date | Header | Price | ||
---|---|---|---|---|
12/05/2006 | Education Institute | 1 000 000 | ||
12/05/2006 | Successful Language School | 9 900 000 | ||
12/05/2006 | International Music Academy | 5 000 000 | ||
-- Business-other -- Bangkok and Vicinities
-- Bangkok -- --
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12/05/2006 | English language services. |
9 000 000 | ||
BKK11830RM - This company is located in the heart of the business/commercial district of Bangkok, and provides English language services to major companies in and around the city, while also providing in-house courses. Operational for four years, the company has built up an excellent reputation within the business community. The client base consists of over 70 local companies, many of them being high profile international names, and these are provided with a range of ongoing courses. Based in a 170 square metre office, with two large well equipped classrooms, the company employs six competent English speaking Thai staff, and has between 15 and 20 teachers on staff at any given time. Net profits have consistently increased during the three years of trading, and have risen from 380,000 baht (from receipts of 2,900,000 baht) in 2003, to 1,200,000 baht in 2004 (from receipts of 5,950,000 baht). This represents an increase in net profits of over 300%. Financial predictions for 2005 would see net profits of 2,000,000 baht being earned from receipts of 9,700,000 baht, an increase of 65% from the previous year. It is also worth mentioning that the two directors of the firm drew 1,400,000 baht from the company during these years. If owner benefits and salaries were to be taken into account then the business is looking at annual net profits of 3,400,000 baht being derived in 2005. Both are understandably delighted with the ongoing success story that their company has proved to be; they will now have to move on however as they have pledged themselves to another non-competing business venture. Annual revenue 8,000,000 Baht ($200,000) Annual Owner's benefit (earnings before taxes and depreciation) 3,400,000 Baht ($85,000) Furniture, Fixtures & Equipment included in the Investment Price 140,000 Baht ($3,500) Your Total Investment to own this business 9,000,000 Your Initial Cash Investment Needed 9,000,000 Baht ($225,000) Inventory included in the Investment Price 100,000 Baht ($2,500) | ||||
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