Chonburi Language School And

[SunbeltAsiaAdvisor]

This Language School was established in 2007 by the current owners and enjoyed continued growth over its four years of operations. The business has successfully retained students and increased numbers year by year but impending relocation has forced the owner to list the business for sale. Located in Chonburi, the school has been able to maintain very low overheads, allowing for a healthy profit margin. The business has a monthly rental of only 5,000 Baht for a space measuring approximately 67 square meters on the 2^nd Floor of an office building with seating for up to 20 students and parking available on the roadside. The new owner of the business would have the opportunity to rent all five floors of the entire building for a monthly rental of only 15,000 Baht.

As the two owners are currently running the business, the school currently has only one part-time employee, with a monthly salary of 2,500 Baht. The School teaches English to students aged 3+ up to Secondary level with courses providing an all in one variety of listening, speaking, grammar and writing skills.

A fully registered 2,000,000 Baht limited company is included in the sale price along with furniture, fixtures and equipment valued at 50,000 Baht. During the last trading year, the business accumulated total sales of 2,355,000 Baht, from which a net profit of 2,111,000 Baht was achieved. The business is currently only open on Friday, Saturday and Sunday, for which reason there is a fantastic opportunity to extend operating hours and increase student numbers. This opportunity would be ideal for someone with an educational background who could expand this successful operation. The owner is seeking a quick sale due to her impending relocation overseas, for which reason an attractive asking price reflecting a two year return on investment has been set.

Asking Price: 4,200,000 Baht

(BKK14328)

Please contact vis PM or email if you have interest or any questions about this business

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