Bangkok Fashion And Design School

[SunbeltAsiaAdvisor]

Bangkok Fashion and Design School

Listing ID# BKK13930

2,000,000THB

BUSINESS SUMMARY

The owner of this Bangkok Fashion and Design School is seeking a knowledgeable partner to strengthen and expand the business to an international market. Several students have already been placed in prestigious universities in New York and London as a result of attending the school, which was only established at the end of 2008. The school recently moved to a new location in the heart of the city, close to a major BTS Skytrain station, with the aim of raising the profile.

Receipts totalled roughly 3,500,000 baht in the first year of trade, but monthly results have improved to average 500,000 baht since the relocation. Net profits totalled 1,800,000 baht during the same timeframe, but are also now expected to increase markedly. The owner is willing to provide a work permit and a monthly salary for the new partner, who has the opportunity to acquire 20 percent of the business.

An experienced set of teachers have already been hired, and the six full time employees have all previously worked in a professional capacity either at home or abroad. The school now sits in a three storey property with total floor space of 384 square metres, and is liable to monthly rent of 140,000 baht. A range of courses are provided, including fashion, design, photography and business. Asking price for 20 percent: 2,000,000 baht.

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