Friday 28 July 2017

1202052 Very Profitable Language School and VISA Agency - Jomtien

1202052 Very Profitable Language School and VISA Agency - Jomtien

Very Profitable Language School and VISA Agency - Jomtien

Listing No. 066-12-02-052

 

  • Business:  Language School and VISA Service
  • Location:  Jomtien, Thailand

·         Features:  The absolute gem of this purchase is the VISA license from Thai Ministry of Education which has no expiry - it is a life-long license and also allows other associated schools and/or VISA agencies to trade under this one license.  The potential for expansion is built-in.

The school itself is situated over three levels with four air-conditioned classrooms.  There are between 4 and 6 teachers currently employed on an hourly basis at a cost of THB 200 per hour.  They teach Thai, English, French, German, Korean and Chinese.  With the large Russian expat community in this area, expanding into teaching the Russian language would seem logical.

The school provides an Education VISA service bundled in with 200 hours of lessons for THB 25.000, in addition to individual language lessons of 20-hour blocks for THB 8,000 to THB 12,000 (depending upon the language).

The VISA service is cross border runs to and from Laos and Cambodia.  This service is also quite lucrative with each person travelling to Laos earning THB 1,500 for the business and THB 700 per person for Cambodian border runs.  The business also arranges transfers to and from Koh Chang and Koh Samui for additional revenue.  Another revenue stream exists in that they sub-let outside of the shop to a tour guide and juice stall who pays THB 16,000 per month in rent,  making the net rent for the building only THB 24000 per month.

The current performance of this business and the potential to expand make it a very viable investment.  Staff and teachers would like to remain with the business when it changes hands and the owner is willing to assist with transitioning for 2 to 3 months if need be.

  • Tenure:  Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease).  A longer Lease Period may be negotiated if required
  • Asking Price:  THB 3,500,000

More Information:  Please contact us for more detailed information (we require your name, phone number and e-mail address)



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