Day Spa In Bangkok For Sale

This cozy Day Spa, located in an upper Sukhumvit location, was established around three years ago and is now being offered up for new ownership due to the owner’s relocation.

The spa is run from a four story townhouse and mostly caters to an international clientele from the surrounding hotels and attractions. The top floors are currently being used as living space but can easily be converted into additional treatment rooms. A fully set-up Thai Limited Company holding proper licensing is included in the sale so the new owner will be able to obtain a Work Permit. Assets valued at 500,000 baht are included in the sale.

Monthly rent was negotiated at 50,000 baht as the two years lease is not due to expire until September 2013, and will be renewed at this time. A workforce of 4 full time employees was comprehensively trained on a 40,000 baht payroll. Other overheads include electricity, internet, telephone, water, and misc expense average 12,600 baht per month.

Recent financial results have been very positive, with gross sales rising by around 1,800,000 baht over the last year with a cash flow of 508,000 baht being secured. This business would be perfect for a family or a couple who would like to enjoy business ownership while working in a friendly and warm atmosphere.

Asking price: 1,500,000 baht.

BKK14334

[sunbelt][/sunbelt]