Newsletter listings for October 1, 2018

 

This guesthouse is in a great Sukhumvit location, just 10 minutes walk from the BTS station with 19 rooms, some ensuite, others shared bathrooms. Although it opened 13 rooms in the shophouse style building in July 2018, the business has already seen steady income and a small profit in the first two months. With new rooms just opened, incomes should increase, however, the owner has no time to manage the business. A dedicated owner with time to market and manage the business should see this guesthouse do very well.

There are 21 total rooms, including the staff room and store room, and the 3 year lease has a monthly rental of 70,000 baht. The rooms are basic but with everything new, the place has already garnered good reviews. There are two staff with a monthly salary of 24,000 baht. All fixtures, fittings, and equipment are included in the sale.

ASKING PRICE: 1.5 million baht

(BKK15850)

Bangkok Guesthouse near Sukhumvit Road - 15850

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This Sukhumvit restaurant is in a great location and offers Middle Eastern food and seafood in a new, fully equipped kitchen. The business opened last year and has seen sales reach 18 million with profits of 1.8 million baht. There are 16 full time staff with monthly wages of 400,000 baht. Rent on this 264sqm top location is 600,000 baht and the business has parking, a rarity in this part of Bangkok. The new owner can take over the current concept or institute their own in this busy touristic location. The owner invested 18 million baht in setting up the restaurant but has too many other businesses that take up his time and so is selling this business.

ASKING PRICE: 14 million baht

(BKK15847)

Sukhuvmit restaurant – BKK15847

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This popular fitness center is located in the busy Silom area, not far from the MRT and BTS stations. This well-equipped center offers the latest in Pilates, yoga, yoga fly, Zumba dance, aerial hoops and piloxing; all the latest and most popular trends in yoga and fitness.

The business was established in 2015 and has an active social media presence with channels on Facebook, Instagram and others. The center has a large 200sqm space with good views over the city. Rent on this prime location is 87,500 baht a month. There are 20-25 part time teachers at the center The fitness center currently has more than 1,000 members of which 295 are active The center has an up to date booking system and profile database of the members well as a mobile phone app.

Sales last year 5,800,000 baht. The sale includes all fixtures, fittings and equipment as well as a company with enough registered capital for one work permit. The current owner has plan to move to abroad with the family. The business could easily increase sales and profit with an owner with more time to dedicate to the business.

ASKING PRICE: 2.75 million baht


Work Permit

Any foreigner working in Thailand must obtain a Work Permit before beginning work. While a prospective employer may file an application on the foreigner’s behalf in advance of his starting work, the actual Work Permit will not be issued until the foreigner has entered Thailand in accordance with the immigration laws and has presented himself to receive his Work Permit.

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