Bangkok Spa

[SunbeltAsiaAdvisor]

Bangkok Spa

Listing ID# BKK14053

3,100,000THB

BUSINESS SUMMARY

Although this Bangkok Spa was only launched several months ago, an asset sale has arisen due to the time constraints that other business commitments have placed on the owner. The enterprise is offered on a turnkey basis however, as seven full time employees, commanding a total monthly payroll of 66,400 baht, keep the business ticking over. A customer database has already been established and this continues to grow. Premises measuring 322 square metres were acquired on a leasehold basis, with rent set at a rate of 75,000 baht per month. The owner feels that this is very reasonable for the prominent location, in one of lower Sukhumvit’s leading sois, as the spa is surrounded by major hotels, international restaurants and nightspots, and is almost adjacent to a major shopping centre and a BTS Skytrain station. Receipts are currently averaging roughly 145,000 baht per month. As approximately 5,700,000 baht was spent on assets and leasehold improvements prior to the recent launch, the owner feels that a highly attractive asking price has been set. Asking price: 3,100,000 baht.

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