Pathumthani Fitness Centre

Pathumthani Fitness Centre

Listing ID# BKK14007

5,500,000THB

BUSINESS SUMMARY

Located in the suburbs of the Bangkok metropolis, this Fitness Centre consists of a swimming pool, a Jacuzzi, a squash court, an aerobic studio, a yoga studio, a fitness room with weight training equipment, a fitness room with cross training equipment (four treadmills, two bicycles, a step machine etcetera), saunas for male and female customers, locker rooms, changing rooms and showers. The complex has now become available for acquisition as the owner has become embroiled in another unrelated project.

Established over five years ago, on a long 15 year lease contract, the club now has over 90 members. Walk-in customers are also accommodated, and the club can easily hold up to 50 persons at any given time. This leads to annual receipts that normally total approximately 1,600,000 baht, and net profits that average roughly 360,000 baht per annum after the subtraction of all deductibles. Very valuable assets worth at least 4,500,000 baht are included in the sale. The fully trained workforce consists of five full time employees and four part time staff members. Salaries total 52,200 baht per month on average, and rent is payable at rate of 300,000 baht every five years. Asking price: 5,500,000 baht.

[sunbelt][/sunbelt]