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Posted
18 minutes ago, AnotherOneHere said:

Why would somebody want to build a business on your property? One rai goes for 100k - 400k, which is nothing compared to building a 7/11 and running a franchise. Why would I build a building and run a business on rented land? How did she even get the idea that somebody wants to open a 7/11 there?

 

To me, it sounds like one of those business/land pipe dreams Thai people often come up with based on everything but reality.

I agree with you but land goes for much more than 400k a rai if located on a major road with wide road frontage.

Posted
Just now, NJHOUSE said:

I agree with you but land goes for much more than 400k a rai if located on a major road with wide road frontage.

 

He said Sakon Nakhon. That is the most rural part of Isaan as it gets. It is a dead space between Udon Thani and Nakhon Phanom. There is little bit something, but a whole lots of nothing.

Posted

Sounds like the horse before the cart. I would think if 7/11 wanted to build a store out there they would buy. I can see them renting a space in town but why build a building on rented land?

  • Agree 1
Posted

7/11 are on the ball location wise, they will know the locations for a new site, they have all the sales figures from surrounding sites, no need to rent as the prices to buy are cheap, compared to building costs

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  • Agree 1
Posted

why should they rent from you, if you believe the location is sound, cough up the money for a building and franchise and bear the risks

  • Agree 2

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