Hair & Beauty Salon In Pattaya

Hair & Beauty Salon

Location: Pattaya

Listing ID# BKK14188

Price: 980,000THB

BUSINESS SUMMARY

A popular hair and beauty salon based in Pattaya has become available for acquisition as the owner wishes to relocate away from the area in the near future. The business was established 3 years ago and the current owner has been in place for 2 years. The salon is operated in a 45 square meter premises in a busy location close to the beach. There are currently 2 full time employees in place and total monthly salary expenses total 13,000 Baht. The other main business expense is the monthly rent on the premises, which is 30,000 Baht for a 1 year renewable lease. There is however an option to obtain a new 3 year lease term if required.

The asking price includes assets valued at 500,000 Baht, including 7 work stations, 2 massage tables, wash sinks and a hair spa. During 2010, receipts totaling 1,200,000 Baht were garnered with a net profit of 600,000 Baht for the year. The owner is setting an attractive asking price due to his impending relocation, which reflects approximately a 1 and a half year return on investment. Further information will be disclosed to interested parties.

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