Pattaya International Kindergarten available for sale

: International Kindergarten in Pattaya :

5,000,000 THB

Listing ID# BKK15640


BUSINESS INFORMATION

Province Pattaya
Country Thailand
Business Type International Kindergarten
Business Started 2014
Employees 12 Person

FINANCIAL INFORMATION

Annual revenue: 1,500,000 Baht
Payroll: 295,000 Baht
Furniture, Fixtures & Equipment
included in the Investment Price:
9,500,000 Baht
Your Total Investment to own this business: 5,000,000 Baht
Your Initial Cash Investment Needed: N/A
Inventory included in the Investment Price: 1,000,000 Baht

BUSINESS SUMMARY

Up date New Asking price. 5 M.This Kindergarten and International Education program provider is located in Pattaya and was established in 2013. The school is fully licensed with the Ministry of Education and is located in a prime location in the Pattaya area. With a fully developed curriculum the school has 24 students this term and receives 50,000 baht in school fees per term with three terms in a school year. The school usually sees higher enrollment numbers in December and January as this is the time many expats move into the area. The school currently expects to add more students next term, possibly up to 50 students due to the number of parents who have visited and expressed interest.

Additional fees are paid to the school throughout the year such as registration fees, school bus fees, lunch, extra classes and day care.  There are 12 full time employees and wages of 295,000 baht a month.  Total monthly expenses are around 450,000 baht including the 60,000 baht a month rent on the 500 sqm building. The lease on the building runs through to 2023.

The school has the capacity for 150 students so a motivated owner that markets the business aggressively can see room for growth.

The owner invested 5.5 million baht in the building and facilities.  The owner is selling as they are moving back to Bangkok.

ASKING PRICE 5 million baht


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