Language School Located In Busy Bangkok Shopping Mall For Sale

This Language School has a prime location in a popular Bangkok shopping mall and is operating from a premises measuring 90 square meters, which can fit 100 students. The business was established 7 years ago and has been managed by the current owners for the previous 2 years. A well developed website has been created to advertise the courses on offer, which are wide ranging across various languages and areas of business.

There are currently 3 full-time employees and 9 part-time employees at the school, commanding a total monthly payroll of 200,000 Baht. Other business expenses include the 32,000 Baht monthly rental for the premises on a rolling 1 year lease. However, the option is available to arrange a longer term lease with the building management, such as a 3 year lease term. There is a two and a half month security deposit of 81,000 Baht that is included as part of the sale price, along with a Thai limited company with availability for 2 work permits.

There are currently over 150 course members at the school, varying from basic beginner courses (starting at 5,000 Baht) to business courses (ranging from 30,000 to 40,000 Baht). Furniture and a books library valued at approximately 150,000 Baht are included in the sale price.

The owner is seeking a quick sale due to the impending acquisition of an unrelated business and for this reason all reasonable offers will be considered.

ASKING PRICE: 2,500,000 Baht

(BKK14318)

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