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Bangkok Executive Apartment available for sale

: Executive Apartment in Bangkok :

210,000,000 THB

Listing ID# BKK15760


BUSINESS INFORMATION

Province Bangkok
Country Thailand
Business Type Executive Apartment
Business Started 2007
Employees 5 Person

FINANCIAL INFORMATION

Annual revenue: 1,200,000 Baht
Payroll: 70,000 Baht
Furniture, Fixtures & Equipment
included in the Investment Price:
80,000,000 Baht
Your Total Investment to own this business: 210,000,000 Baht
Your Initial Cash Investment Needed: N/A
Inventory included in the Investment Price: N/A

BUSINESS SUMMARY

A rare gem in Bangkok, this executive apartment building is located in the heart of Ratchada and and only a ten minute walk from the MRT Station but also includes not just ownership of the building but of the 200sqw land the building is set on.
The apartments have high occupancy reaching 98 percent all year round. There is a gym and elevator and a regular steady clientele of residents that work in nearby offices. Sales last year reached 12 million baht with a profit of 8 million baht.
The value of the land and building alone are over 80 million baht. The owner is moving overseas and is forced to sell this profitable business.
 
ASKING PRICE: 210 million baht
 

For more information please

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