Tuesday 22 September 2015

0724 Massage Shop located Close to Hotels in Sukhumvit Soi 22

0724 Massage Shop located Close to Hotels in Sukhumvit Soi 22

 

Massage Shop located Close to Hotels in Sukhumvit Soi 22

Listing No. 66-0724

 

  • Business:  Massage
  • Location:  Sukhumvit, Bangkok
  • Building:  Single shop House fronting Soi 22, 3 levels plus a roof-top with entry from the ground level
  • Size:  approximately 270m2 over 4 levels including the rooftop
  • Features:  Open from 10am till 1am daily, this massage shop has a small outdoor seating area, reception counter, 7 massage chairs, foot bathing station, kitchenette and toilet on the ground level.  The next level up is the Thai Massage floor with 5 massage beds (with curtains) and staff lockers.  The 3rd level is the oil massage area and has 2 single bed rooms and 1 twin room and a bathroom.  All three floors are air-conditioned and have wall fans.  The rooftop is currently only used for drying laundry.
  • Potential:  The current own also provides a barber service, but will be taking the barber equipment with her.  There is some scope to provide a similar barber or salon service in addition to the massage.
  • Tenure:  Leasehold, 3 years renewable
  • Staff:  2 shifts of staff (2 or 3 during the day and about 10 at night) who work only on a commission basis.  No salaried staff
  • Licenses:  Massage license is current and comes with the business
  • Online:  The business has a face book page which may be transferred to the new owner if required. 
  • Rent:  60,000 baht a month
  • Utilities:  About 7,350 baht a month
  • Car Parking:  Limited customer car parking is available in the nearby soi’s
  • Business Operational:  Yes – same owner since August 2013
  • Transition:  The owner will assist in transitioning the business for a short period after settlement, if required.
  • Reason for Selling:  The owner has another business interest in Sukhumvit and need to devote her attention to that business
  • Revenue:  High Season about 400,000 baht a month, Low Season about 200,000 baht a month
  • Net Profit:  between 50,000 baht and 100,000 baht a month
  • Financials:  May be made available to genuine buyers, only after inspection
  • Asking Price:  2.3 million baht
  • Price Negotiable:  Yes, near offers will be considered
  • Security Deposit:  120,000 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.
  • Agents:  No Agent inquiries please

 

 

 

 



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