Pattaya Hair Salon For Sale

A popular hair and beauty salon based in Pattaya has become available for acquisition as the owner wishes to relocate. 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 with total monthly salaries of 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.