Bangkok English Language School available for sale

: English Language School in Bangkok :

1,890,000 THB

Listing ID# BKK 15949


BUSINESS INFORMATION

Province Bangkok
Country Thailand
Business Type English Language School
Business Started 2010
Employees 2 Person

FINANCIAL INFORMATION

Annual revenue: 2,950,000 Baht
Payroll: 80,000 Baht
Furniture, Fixtures & Equipment
included in the Investment Price:
850,000 Baht
Your Total Investment to own this business: 1,890,000 Baht
Your Initial Cash Investment Needed: N/A
Inventory included in the Investment Price: 7,500 Baht

BUSINESS SUMMARY

Located in the busy Pinklao area, surrounded by condos, businesses and many schools and Universities. Close to the MRT, this English school is fully licensed and is in a great location in a superstore mall. The school has been in business since 2010 and is registered as a non-formal school which is tax exempt.

 

The school is fully equipped with built in storage, desks and chairs, along with computers, multimedia equipment and 9 CCTV cameras for security purposes. All equipment, valued at 850,000 baht, is included in the sale.

 

The lease contract is for 3+3 years and can be changed for a small fee, the security deposit is not included in the sale. Rent on the space is 55,000 baht a month and the monthly payroll for two full time and three part time employees is 80,000 baht a month. Annual sales have reached 2.95 million baht and profits 1.25 million. The owner is moving abroad with his family and so is seeking a quick sale.

 

 

ASKING PRICE: 1.89 million baht


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