SunbeltAsiaAdvisor

This Nonthaburi based company has been importing high end well known brand name haircare products from the United States into Thailand for 5 years with the current owner in place for the past three years. They have a solid customer base that could easily be tripled with a larger sales team.

The business has low overheads, with five employees with a total monthly payroll of 75,000 Baht. Rent on the building is 18,000 Baht a month and although the lease expires at the end of 2011 it is renewable with a 10% increase in the price.The company has seen annual receipts exceed 3 million Baht each year for the past 2 years and they are expected to reach 3.45 million Baht this year. Netprofit stands at around 1.1 to 1.35 million Baht per year. Fixtures and equipment are valued at 50,000 Baht and current inventory at 2.1 million Baht and are included in the sale price as is a Thai Limited Company that iseligible for a work permit.

The current owners find they have no time to grow this business as they have other business interests taking up most of their time and believe that a motivated owner could easily grow this company.

ASKING PRICE: 5.25 millionBaht

(BKK14287)

[sunbelt][/sunbelt]

Located near a large Bangkok University, this bar and restaurant is in an area with many other popular bars that draw both locals and foreigners. The area continues to expand and grow, drawing more business.

This five storey building includes a newly finished bar high on the third floor with3 flat screen plasma TV's, balconies, and two beautiful Brunswick pool tables.There are also two rooms available for rent on the same floor. The location of the bar offers greater privacy for customers.

The restaurant staff has been trained to make high quality pizzas, Tex/Mex fare,and various hamburgers and snack foods to western tastes and standards.

The entire space was built with "growth" in mind. The kitchen is equipped with itsown pizza dough machine, 2 pizza ovens, 8 refrigerators (3 more in residences),4 freezers, two full bars on separate floors, grills, stoves, a Webber grill,deep fryers, and many industrial appliances that will be needed once the right operator and marketing mechanisms are put in place.

More than 2.5 million Baht has been invested in renovations and equipment. The 600sqm premises are secured on a rolling 3 year lease with two renewals guaranteed. The monthly rent is 48,500 Baht and the landlord is willing to draft a new lease for the incoming tenants.

Thebusiness is currently breaking even with a monthly turnover of 300,000 Baht, but the current owner feels that with marketing and a motivated owner this business could grow rapidly.

There are living quarters for the owner or staff or the rooms can be rented out tobring in extra income.

The owner must sell the business as he plans to leave Thailand and return to his home country.

ASKING PRICE: 2.35 millionBaht

(BKK14288)

[sunbelt][/sunbelt]

Located in the famous night life area of Patpong this 3 year old well known pizzeria is popular with tourists, locals and expatriates and offering the finest Italianfood and pizza, prepared with high quality and fresh ingredients daily.

The 100 sqm restaurant is air conditioned and can seat 30 people comfortably. Opendaily from 10:30 a.m. to 11 p.m. the business earns an annual net profit of approximately2.7 million baht from receipts that total roughly 5.4 million baht. The monthlyrent of 37,100 Baht is locked in until September 2014 with a three year renewal option. Salaries total 40,000 baht per month for 3 full time employees. A security deposit of 110,000 baht is required for the rental contract. The approximate value of the furniture and equipment is 1.5 million baht. The kitchen & restaurant are fully equipped and this profitable business is a perfect opportunity for immediate takeover.

The owner is relocating to another part of Thailand so necessitates a sale.

More detailed information will be disclosed to the serious buyer in a meeting with the buyer.

ASKING PRICE: 3.8 million baht

(BKK 14291)

[sunbelt][/sunbelt]

A famous American restaurant franchise that has beenestablished for two years is now for sale as the owner's other businesses takeup too much of his time. The restaurant has won numerous accolades from foodcritics and is set in a prime Bangkok location. The restaurant serves highquality food that has proven popular with expats, tourists and Thais alike.

The business has gross annual sales of around 4.8 millionBaht with owner's discretionary cash at 120,000 baht for the previous year.There are 7 employees that have a total monthly salary of 80,000 Baht. Rent is25% of gross sales and 25,000 Baht a month for the central kitchen and includes atwo bedroom apartment. Inventory, fixtures and fittings are valued at 2.5million baht.

The owner believes that a motivated owner could easilygrow this successful franchise to a much higher level. He believes the primelocation and quality brand name give this already successful restaurant hugepotential.

ASKING PRICE: 1.5 million Baht

(BKK14285)

[sunbelt][/sunbelt]

This 4 rai village development of Moo Ban consists of 2 fully completed two storey detached homes with pools. One of these homes has already been sold and the other is as show home that has been valued at 8.5 million Baht and comes fully furnished with high end furnishings and decorations. These homes are of a modern tropical design with high end fittings, European style kitchens and were built by a U.K. builder to a very high standard. The development has all infrastructure in place for future homes with a160KVA transformer for the underground electric, water, land fill, boundary walls and village road with drainage.

The remaining 3 rai are undeveloped and have been divided into plots of varying sizes from 91 talang wah to 1 rai. All plots have been surveyed and assigned chanote titles with companies.

The owner is looking for either a full sale or partnership.

ASKING PRICE:

15 million Baht for 100% ownership of completed show home on 178TW and remaining 3 Rai with companies.

7.5 million Baht for 50% owner/partnership in the development, which includes show home and remaining 3 Rai with companies.

4MB for 50% owner/partnership in just the remaining 3 Rai land with companies, not including show home.

(BKK14284)

[sunbelt][/sunbelt]

Thonglor traditional massage and spa

Located on the main road of trendy Soi Thonglor, the spais near many high end condos and close to Foodland Supermarket. Established for6 years, the business has 7 staff on a commission basis of 200 baht per person.There are 7 beds for traditional Thai massage and 6 chairs for foot massage.There are two stations for manicures, three for oil massage and an area forwaxing. Rent is 50,000 Baht a month and the shop hasaccommodation for the staff and/ or owner as needed. Monthly sales total150,000 Baht with a net profit of 20,000 Baht. The owner invested more than 1.6million Baht in the business.

The owner is selling as she plans to further her studies.

ASKING PRICE: 1.9 million Baht

BKK14283

[sunbelt][/sunbelt]

Sathorn area Restaurant

This 100sqm restaurant is located near many hotels in theSathorn area in a high traffic area. There are many foreign residents in the areaas well. The business has been open for 7 years. Rent is 25,000 Baht a month and there are currently noemployees as the restaurant is closed. Assets included in the sale are valuedat around 500,000 Baht. The new owner will need to bring in his own employees.

ASKING PRICE: 500,000 Baht

BKK14282

[sunbelt][/sunbelt]

Update! Asking price reduced to 900,000 Baht from 1.2 million.

This music school, located in a busy education-oriented shopping mall in the Bangna Trat area, is looking either for a partner to invest or to sell fully. Established in 2010, the school has 53 students, occupies 60 sqm and has 8-10 part time teachers and one full time employee. Rent is 15,000 Baht a month and wages run around 39,500 Baht a month.

The new owner should have basic management abilities, worked in the music business before and be available on Saturdays. Return on investment (ROI) should be about two years.

ASKING PRICE: 900,000 Baht

(BKK14207)

[sunbelt][/sunbelt]

This well located Pattaya bar is in a 4 floor 350 sqm shophouse that sees only 15,000 Baht a month for rent.The lease contract expires in March of 2014 and is a renewable for another 3 years with a 15% per year increase.Three employees are on the payroll of 24,000 Baht a month plus 12 bar girls,who are not. Furniture and fixtures are included in the price.

Annual receipts have run 5 million Baht with a profit of 2 million Baht. Sales for this owner were 400,000 Baht for the first month.

The business has only been open a month but the owner wants to sell.

PRICE: 5,500,000 Baht

BKK14212

[sunbelt][/sunbelt]

An opportunity has arisen to acquire a well established Mechanical Engineering Services company based in Pattaya. The business was set up by a European mechanical engineer in 2006, with the original business idea being engineering design services. However, right from the first order the business became involved in sourcing & complete machinery assembly. Nowadays, pure design service is only a very small part of the business as the clients want to benefit from the extensive sourcing know-how (based on a proven supplier network) to save expenses in the complete process: design – production – assembly – shipping.

The owner has another business that is demanding his full attention and is now prepared to part with this company. The business is currently operating from an office based on the Eastern Seaboard. Overheads are kept to a minimum with a monthly rent of 9,000 Baht on a one year renewable lease. There are currently 5 full-time Thai employees with a total monthly payroll of 75,000 Baht. Company stock is located at the subcontractors where the machine assembly is carried out. Actual stock value is approximately 1.1 million Baht, although the exact value depends upon work-in-progress and orders-in-hand. Company inventory consists mainly of office equipment and PC's, including three fully licensed CAD software products with a purchase price of 756,000 Baht.

Included in the sale price is a limited company, with availability for one work permit. In 2010, total sales reached 20,740,885 Baht and the business has numerous orders in hand for the current year, mainly as a result of the marketing efforts of the company in sourcing additional clients during the economic downturn in 2009/10. The company is growing and is reaching its capacity limit. Therefore additional personnel and organisation is needed to maintain growth. One advantage for the future outlook of the business is that cost pressure in Europe and other countries is pushing more and more potential customers towards Asian based engineering service providers. The company can be easily relocated if needed, as few clients actually visit the office. The sales price is based on actual figures and includes all orders in hand.

Asking Price inclusive of OEM Machinery (and inclusive of all Inventory and Stock): 20,500,000 Baht

Asking Price exclusive of OEM Machinery (and inclusive of all Inventory and Stock): 13,500,000 Baht

BKK14197

[sunbelt][/sunbelt]

A unique opportunity to buy a well decorated salon with a well known brand name in a busy Silom shopping center has arisen.The salon is open from 10am to 8 pm and covers 64 sqm. All furniture, fixtures, equipment and inventory valued at 600,000 baht are included in the purchase price. Art work is not included.The monthly payroll for 8 full time employees is 70,000 Baht and the rent is 31,000 Baht with the lease due for renewal in January of 2013.With annual receipts of 3 million baht and a cash flow of 1.2 million baht this well established business is a must for anyone interested in opening a salon.

PRICE 3.5 million Baht

BKK14209

[sunbelt][/sunbelt]

Resort in Kanchanaburi

Located in one of Thailand’s most idyllic areas, on the tranquil upper banks of the River Kwai, around 50 kilometres north of Kanchanaburi town, this three year old Resort has become available for acquisition due to imminent owner retirement. Land purchase and construction totalled approximately 15 million baht, and the freehold offering includes over two rai (3,200 square metres) of land, two main buildings with 23 rooms and seven bungalows, all facing the river, surrounded by beautiful well maintained gardens.

In the last financial year the resort earned net profits of 1,282,716 baht after all deductions were taken into account; receipts totalled roughly 2 million baht and profit margins were good as there was no rent to pay. Cash flow was also boosted by a delightful restaurant that provides traditional fare to diners as they gaze across the meandering river, and wedding packages have recently proved popular.

Two golf courses can be reached in less than 30 minutes, and the resort is also handily placed for guests wishing to visit the nearby waterfalls. Kayaks are provided and elephant trekking, fishing, hiking and rafting activities can be undertaken with ease. A nicely designed website is fully operational and this also helps to build up occupancy rates.

Asking price: 25,000,000 baht.

BKK13820

[sunbelt][/sunbelt]

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UPDATE: Price reduced to 33,000,000 baht for quick sale of this full turnkey business

A unique opportunity has arisen to acquire a major sports and pool bar centrally located in the heart of Sukhumvit. The 600 sqm venue is conveniently located to the main road and has become a major draw in the area since it started 12 years ago. Over 2 million baht was invested in renovations 3 years ago and patrons enjoy a sophisticated atmosphere with full size pool tables.

The premises have been secured on a rolling six years lease although a new lease contract can be drafted for the new tenants upon take-over. Sales vary from two to three million baht per month, overheads include a 300,000 Baht payroll with 25 employees, the 375,000 baht monthly rental, as well as another 40,000 baht of miscellaneous charges and fees. As food costs do not exceed 40%, that leaves a comfortable cash flow for the venture to operate. This business is a Thai Limited Company with all proper licenses in hand which can be included in the sale as a turnkey package.

Asking Price: 33,000,000 Baht

BKK14204

[sunbelt][/sunbelt]

Khon Kaen Restaurant

Planned owner retirement forces the sale of this six year old Restaurant. Located in the north of Thailand, in Khon Kaen, the restaurant produces its own range of food products. Three separate buildings are incorporated, and yet monthly rent only totals 18,000 baht for all three. The payroll averages around 20,000 baht per month, but this rises and falls depending on how many employees are needed to run the business; the enterprise normally runs with between two and eight employees. Annual receipts totalling roughly 1,500,000 baht are leading to net profits of approximately 225,000 baht per year after all overheads are accounted for. Assets valued at just under 600,000 baht are included in the sale.

Asking price: 3,000,000 baht.

Bkk14145

[sunbelt][/sunbelt]

As the owner has decided to keep a 35% shareholding in the business and work there on a full time basis, he is looking for a partner to grow the business

This Bangkok based real estate agency covers a wide range of real estate transactions and has the potential to become a market leader in the near future. Although this company is newly established, it has completed over 400,000 baht sales since its opening a few months ago. The success of this trade is based on a large network and long term associations in Thailand and abroad, generating a great amount of leads for the brokers to process. A fully developed website is also included, it benefits from an excellent Google ranking and generates an increasing number of leads every month.

Over 200,000 baht have been spent since opening to renovate the 100 sq m premises, which have been secured on a two years rolling lease. The only overhead is the monthly rent of 60,000 baht for high profile offices in central Bangkok, as the 4 employees are all paid on commission basis. The company is fully registered and has enough capital to sustain a Work Permit; its financial reports will be provided for examination to interested parties.

NEW ASKING PRICE: 1.15 million Baht for 65% shareholding

BKK14215

[sunbelt][/sunbelt]

A full service agency in Pattaya offering travel, visa and translation services is up for sale, the buyer must have internet ability. With two full time employees and a payroll of 25,000 Baht a month, the office is open 6 days a week from 10 a.m. to 6 p.m. This 5 year old business is offering all furniture, computers and fixtures valued at 100,000 Baht included in the price. The monthly rent is 10,000 Baht and annual receipts are 1.8 million Baht.

The owner is moving from Pattaya and so is selling the business.

PRICE: 1.5 million Baht

BKK14192

[sunbelt][/sunbelt]

Restaurant in Koh Chang

This bar and restaurant is located on one of the busiest beaches on Koh Chang. The business is located on a 500 sq. m property with accommodation for the owners and an office space for the company.

The premises were completely refurbished with a new lighting system in the lounge and restaurant area and a large outdoor seating area for smokers and diners. Inside, the restaurant has a state of the art sound system including a DJ set to organize special parties and events. The business has built a strong reputation over the years serving delicious western food with a fully equipped kitchen located on the ground floor. The business has been set up with a Thai Company holding all the requisite licenses and with enough capital to provide three work permits.

A long term lease has been agreed with the Landlord for a yearly rent of 314,000 baht and no lease deposit, which, considering the size of the property, represents very good value for money. There are currently six full time staff members with a payroll of 40,000 baht and all are willing to stay. Food costs do not exceed 35% . Sales average 500,000 Baht per month during the low season and 1.3 million Baht per month during the high season which leaves a yearly profit of 6 million baht after deduction of overheads and expenses.

The owner currently operates the business alone and has found this to be too difficult due to growing health issues. The owner will be remaining in Koh Chang after the sale and is willing to provide a handover and training period for the new owner.

Asking Price: 5,000,000 baht

BKK14220

[sunbelt][/sunbelt]

Koh Pha-ngan Restaurant

This fully equipped restaurant is located in a popular and busy area of the island, the asking price includes tables, chairs, stereo and fully equipped kitchen (all assets valued at 1 million baht). The premises is 110 sq m with 60 seats. Monthly rental is 26,000 and the restaurant has 4 full time employees. More detailed financial information will be disclosed to the serious buyer.

Owner needs to devote time and energy to his businesses in Krabi.

PRICE: 1.1 million baht

BKK14196

[sunbelt][/sunbelt]

Bangkok Chemical Company

This fully licensed Chemical Company distributes cleaning, sanitizing and hygiene goods for related sectors. Since its establishment in 2002, the company has forged strong alliances and good relationships, securing an extensive customer database throughout greater Bangkok and benefiting from good brand recognition, customer loyalty, and retention.

As this distributor network is owned by the same group providing the manufactured products, they now suffer a conflict of interest and needs to hand this distribution channel over to a new owner to restore balance among competition in this market sector and boost their sales.

The business is sold as a full turnkey package together with the Thai Limited Company, all ongoing distributors and suppliers contracts and including, as well as the lease deposit. The new owner is ensured of full support from the manufacturing group with repeat customers and a steady price line, through a distributorship agreement. The company made 10 million Baht in gross sales last year from which a 3.6 million Baht cash flow could be secured. Overheads include a payroll of 130,000 baht per month for the seven full-time employees and the rent is 15,000 baht per month on a three year renewable lease. Including a vehicle fleet, manufacturing facilities and a customer support team, the company matches with the most severe international standard and will be ready to operate right away upon take over.

Asking Price: 6,000,000 Baht

BKK14190

[sunbelt][/sunbelt]

Real Estate Website

A Real Estate Website is available for sale as the owner wishes to concentrate on his other businesses. This webpage offers the possiblity to post property ads to real estate sales agents who are charged membership fees. Further income is generated by a printed magazine. Annual receipts total 1 million baht from which a 600,000 Baht cash flow can be secured. A Thai Limited Company is also included in the sale, with enough capital to maintain a Work Permit. The company audited statements are available for review by interested parties. Due to the advanced build of the website that was especially designed for this purpose, the owner only spends a few hours per week to ensure the trade remains profitable. This business does not require any further staff nor causes rent or other overhead cost next to web hosting.

Asking price 1,500,000 Baht.

BKK14256

[sunbelt][/sunbelt]

A popular Sukhumvit based Russian restaurant and bar is now available as the owners plan to relocate. Centrally located in the Asoke area, this business was started from scratch in 2010 and has enjoyed steady growth to date. The business occupies a four storey building with a separate bar, two themed private rooms, a karaoke lounge and a games area. The menu consists of a mix of Russian, Uzbek and Thai dishes and the bar is stocked with liquors from around the world. The private rooms are air conditioned and have their own sound systems and intercoms from which food and drinks can be ordered. The business can seat up to 60 guests and there is parking located nearby.

There are currently 7 employees with a total monthly payroll of 85,000 Baht. The premises was re-furbished when the owners took over in 2010 and the approximate value of the furniture and equipment is 400,000 Baht. A large flat screen television is located in the bar and the business has become famed for its Ice Parties, during which diners drink Russian vodka from an intricately carved ice block. The Karaoke room features a high powered sound system and a flat screen television with a selection of over 20,000 songs available. The monthly rental for the premises is 60,000 Baht and yearly revenue currently stands at 3,000,000 Baht, from which a net profit of 800,000 Baht was generated. A limited company is included in the sale price, with availability for one work permit.

Asking Price: 3,500,000 Baht

BKK14255

[sunbelt][/sunbelt]

(UPDATE: A new 9 year lease contract has been signed with the landlord at a yearly rate of 3,000,000 baht)

This Phuket Hotel has a 30 room complex with health club, sauna, swimming pool, bar and restaurant for its customers and is located in the busiest beach on the island. There are extensive and modern facilities, including air-conditioning throughout, and each room has in house video, direct dial telephone and refrigerator. The property was developed around three years ago and is only being offered due to owner’s retirement.

In the last financial year the business earned net profits of 6.5 million Baht after all overheads were deducted from receipts that totaled approximately 15 million Baht. The restaurant alone brought in 2 million Baht net profit in the last financial year. The main outlay was for staff salaries, with eighteen full time employees commanding total monthly wages of 160,000 Baht.

Handily placed to secure the custom of tourists and families, the premises secured a 9 year lease contract at a yearly rate of 3,000,000 with the full 9 years remaining. The lease contract can be renewed for another term. A fully set-up Thai Limited Company holding all proper licenses is included in the sale as well as an operating website running an online booking payment system, as a full turnkey package.

ASKING PRICE: 12 million Baht

BKK14227

[sunbelt][/sunbelt]