Confidential Motorcycle Track Riding Training School

[SunbeltAsiaAdvisor]

Confidential Motorcycle Track Riding Training School

Listing ID# BKK13910

4,000,000THB

BUSINESS SUMMARY

This Motorbike Track Riding and Racing School is located at one of Thailand’s most noted, and internationally accredited, racetracks. A workshop contains all the physical assets of the company while an office handles bookings and marketing. Days of operation are normally one track event of three full days per month, plus ad hoc half day bookings. Training is provided using high performance racing motorbikes. A registered company with 5,000,000 baht of working capital is included in the sale, and this provides two work permits. Assets are valued at 2,000,000 baht, and include the motorbikes, a pickup truck and maintenance tools and equipment. The company has operated successfully for the last five years, and last year earned net profits of approximately 500,000 baht after the deduction of all expenses. Receipts totalled 3,900,000 baht and the main deductions were rent of 9,200 baht per month, salaries totalling 22,000 baht per month for five part time employees, fuel costs, utility bills, meals for pupils and incidental expenses. An initial investment of 2,000,000 baht will secure the company, with the balance payable on terms that suit both parties. Asking price: 4,000,000 baht.

26th Floor Fortune Town BR, 1 Ratchadapisek Rd, 10400 Bangkok

Tel: 02-642-0213 Fax: 02-641-1995