Tailor’S Shop In Bangkok

[SunbeltAsiaAdvisor]

Tailor’s Shop

Location: Bangkok

Listing ID# BKK14125

Price: 1,500,000THB

BUSINESS SUMMARY

A Bangkok Tailor’s Shop has become available for acquisition in the lower Sukhumvit area of the city. The shop was only opened a few months ago, but the owners have decided to concentrate their efforts on other tailor shops that they own. An asking price that is equivalent to asset value (1,000,000 baht) and stock value (500,000 baht) has therefore been set to effect an asset sale, although an investor could just take over the empty shop for 1,000,000 baht if preferred.

The ground floor shop measures 40 square metres, benefits from very good visibility, and operates on a six year lease contract (three years with a three year option) that has monthly rent of 35,000 baht written in. As gross sales have averaged approximately 100,000 baht per month, then these early results have basically seen the shop breaking even. Asking price: 1,500,000 baht.

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