Wednesday 7 October 2015

0900 Money Making Massage Shop Near Soi’s Bukhao and Lengkee

0900 Money Making Massage Shop Near Soi’s Bukhao and Lengkee

 

 

Money Making Massage Shop Near Soi’s Bukhao and Lengkee

Listing No. 66-0900

 

  • Business:  Massage Shop
  • Location:  Pattaya, Thailand
  • Building:  Single Shop-House – 4 floors with entry from the ground level
  • Size:  approximately 270m2 over 4 levels
  • Features:  The ground floor has an office desk for the cashier, 4 new massage beds, new air-conditioner, small kitchen and a toilet/shower for customers.  The second floor has 4 bedrooms and 1 bathroom set up for private massages.  The third floor has 3 rooms, a bathroom, 1 large room for 4 staff, 1 medium sized room for 2 or 3 staff and 1 small room for storage.  The fourth floor is 1 large en-suite bedroom and a large communal laundry room with a new 20kg LG washing machine.  Much of the furniture and fittings throughout the building were renewed during September 2015.  CCTV is throughout.
  • Options:  The owner will provide up to 50% vendor finance to approved applicants
  • Potential:  The current owner only just began selling alcohol in September 2015 and is already reporting excellent results.
  • Tenure:  Leasehold, 3 years renewable (current lease commenced 1 September 2015)
  • Staff:  Currently 4 to 6 non-salaried staff, who work on a commission basis only
  • Licenses:  Massage and Alcohol licenses are current and come with the business
  • Stock:  Stock remaining at time of settlement is included in the price
  • Rent:  30,000 baht a month
  • Utilities:  between 6,000 to 10,000 baht a month (high season) and between 4,000 to 6,000 baht a month (low season)
  • Security:  2,000 baht a month
  • Car Parking:  Limited customer car parking is available in the nearby soi’s
  • Business Operational:  Yes
  • Transition:  The owner will assist in transitioning the business for a short period after settlement, if required
  • Reason for Selling:  Owner wants to spend more time with his young son
  • Financials:  May be made available to genuine buyers, only after inspection
  • Asking Price:  800,000 baht
  • Price Negotiable:  Yes, near offers will be considered
  • Security Deposit:  200,000 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:  20% 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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