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

Pin Bowling Alley

12 000 000
BKK11506YS - This well located Ten Pin Bowling Alley was established six years ago in a prominent Bangkok location, where it sits primed to pick up good business from a nearby local and expatriate community. Financial results were excellent until recently, when the owner was forced to relocate to his home country, due to health problems. In his absence the bowling alley has slumped alarmingly, to the point where no profits are being made. Receipts of 900,000 baht per month (10,800,000 baht per annum) are still coming in however, and the owner feels that an on-site owner could easily turn the business around, so that the business was cash positive again, instead of only breaking even as it now is. The 15 lane centre had 20,000,000 baht spent on it, to refurbish the assets, just before the owner’s relocation; this alone makes the asking price of only 12,000,000 baht highly attractive. There is also a 100 seat restaurant on site, plus two pool tables and two snooker tables. With parking spaces for 500 vehicles and total floor space of 1,550 square metres, the venue has monthly rent of 390,000 baht (currently with a three year lease contract) and the workforce of 23 employees are paid 230,000 baht per month in total.


Annual revenue 10,800,000 Baht ($270,000)

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

Furniture, Fixtures & Equipment included in the Investment Price 20,000,000 Bath ($500,000)

Your Total Investment to own this business 12,000,000

Your Initial Cash Investment Needed 12,000,000 Baht ($300,000)

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