Lifestyle and Profitable Real Estate Agency in Rawai, Phuket
Listing No. 66-0585
- Business: Real Estate Agency
- Location: Rawai, Phuket, Thailand
- Building: Two level shop-house – ground and first floor. The office, with sofa and reception area, 5 computer work-stations and a small conference room are on the ground level. The 2nd level has 2 en-suite bedrooms with front and back entrances.
- Size: approximately 160m2 over 2 levels
- Features: Well established Agency in a residential area of Phuket with over 800 property listings and supporting documents. The company already has bookings for the high season ensuring the new owner of income. They manage a private road and issue water bills monthly (automatic income every month) and manage several exclusive properties. A lifestyle and profitable established business with return customers all year round. The office is equipped with computers, air-conditioning, safe, CCTV, sofa, etc and even comes with an office motor-bike. Upstairs is the owners’ 2-room residence.
- Options: This business is operated within a 4 million baht Thai limited company, which may be transferred to the new owner if required
- Tenure: Leasehold, 3 years renewable
- Staff: Currently 2 salaried staff, with a monthly payroll of 30,000 baht
- Online: The business has its own custom website (CMS) with booking engine and domain name, and face book page which may be transferred to the new owner if required.
- Rent: 19,800 baht a month
- Utilities: Electricity costs between 1,200 baht and 1,500 baht a month. Water is drawn from a well and is free. Internet costs 631.30 a month
- Car Parking: 1 car parking space out the front of the building and other customer car parking available in the nearby soi’s
- Business Operational: Yes – same owner since 2000, and in this current location since 2003.
- Transition: The owner will assist in transitioning the business for a short period after settlement, if required.
- Reason for Selling: Owner is relocating to another country
- Revenue: Seasonal, but on average, about 150,000 baht a month
- Net Profit: About 80,000 baht a month
- Financials: May be made available to genuine buyers, only after inspection
- Asking Price: 3.7 million baht
- Price Negotiable: Yes, near offers will be considered
- Security Deposit: 19,800 baht paid at the time of settlement to the Landlord. Subject to compliance with the rental agreement, refundable upon termination of lease agreement
- Key Money: N/A
- Sale Terms: 10% deposit (to secure the business and remove it for sale) and the balance within 30 days. Ownership does not transfer until payment has been received in full
- More Information: Further details will only be provided after inspection
- Inspections: 24 hours’ notice is required to inspect this business. Inspection times are between 1000 and 1700 Monday to Friday and between 1000 and 1300 Saturday.
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