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   Date    Header Price  
12/05/2006  Mio’s and Nouvo’s32 000
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-- Business-other -- Bangkok and Vicinities -- Bangkok -- --   GE Edit
12/05/2006

Bangkok Travel Agency

4 000 000
UPDATE! The owner has lowered the asking price from 5,000,000 baht to 4,000,000 baht.

BKK11614JM - This Bangkok Travel Agency is building up a head of steam after three years of growth, but has recently become available for new ownership as the partners are relocating to another country. The company’s main selling point is that it is fully accredited by IATA, which gives full privileges of ticket issuance and credit of 14 days. IATA demands that all their accredited travel agencies have at least three ATC (Airline Training Centre) trained staff by the end of June 2005, and the company already meets that requirement. Strong alliances have been developed with the Asian Golfing Network, which has started to increase their supply of golfing groups from Malaysia, with groups from Singapore expected to start bookings soon. The agency is targeting higher purchasing power Chinese speaking travellers, as well as European, American and Australian customers, and the website reflects this as it is presented in both English and Chinese languages; advertisements are also placed in Thai publications in both languages six days a week. This has led to the company having already secured numerous inbound and outbound group bookings through to the end of 2005. Annual receipts are coming in at approximately 25,000,000 baht, and the owners will discuss profit margins with interested parties. The company can be acquired outright for an investment of 5,000,000 baht, or the owners will accept a joint partnership with an experienced investor who will acquire 50% of the company for 2,500,000 baht. The eight full time staff members are highly skilled, and they receive a joint total salary of 90,000 baht per month. The office sits downstairs in a two storey shop house measuring 200 square metres, and monthly rent is 25,000 baht.


Annual revenue 25,000,000 Baht ($625,000)

Annual Owner's benefit (earnings before taxes and depreciation) 0

Furniture, Fixtures & Equipment included in the Investment Price 1,500,000 Baht ($37,500)

Your Total Investment to own this business 4,000,000

Your Initial Cash Investment Needed 4,000,000 Baht ($100,000)

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