0011 Massage Shop located Close to Pratunam

 

Massage Shop located Close to Pratunam

Listing No. 66-0011

 

• Business:  Massage shop
• Location:  Ratchaprarop, Pratunam
• Building:  Single Shop house, ground floor and mezzanine only
• Size:  approximately 130 m2 over 1.5 levels
• Features:  The massage is located in a prime position in the very busy Pratunum area with the Indra Wholesale shopping mall just across the road.  There are 9 major hotels within a 10 minute walk.  The massage is also located right opposite 2 large seafood restaurants. Ground floor and half of the mezzanine of the building, this massage shop has a small outdoor seating area, reception counter, 10 massage chairs, kitchenette and toilet at the back of the premises, 4 Thai massage rooms and 1 VIP room, washing machine, laundry section.  The next level up is the oil and aroma Massage with 5 beds (with curtains). Air conditioned throughout. 
• Options:  This massage shop is offered for sub-lease only but when the current lease is due to expire the owner is willing to transfer the contract to the new owner.
• Tenure:  Sub - Leasehold, 2 years renewable (lease starts on May 2015)
• Staff:  Currently 7  staff, work for commission (no daily retainer)
• Licenses:  Massage license is current and comes with the business
• Stock:  Stock remaining at time of settlement is included in the price
• Rent:  31,000 baht a month
• Utilities:  About 8,500 to 12,000 baht a month
• Security:  1,000 baht a month
• Car Parking:  Limited customer car parking is available in the nearby soi’s
• Business Operational:  Yes – same owner since May 2015
• Transition:  The owner will assist in transitioning the business for a short period after settlement, if required
• Revenue:  About  180,000 to  260,000 baht a month
• Net Profit:  About 60,000 to 1000,000 baht a month
• Financials:  May be made available to genuine buyers, only after inspection
• Asking Price:  700,000 baht
• Price Negotiable:  Yes, near offers will be considered
• Security Deposit:  50,000 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:  100,000 baht 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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