Sunbelt Asia Posted December 8, 2012 Share Posted December 8, 2012 A popular hair and beauty salon based in the popular Sukhumvit area has become available for acquisition as the owner wishes to relocate. The business was established more than 10 years ago and the current owner has been in place for more than 5 years. The salo is operated in a 23 square meter premises and there are currently 3 employees plus 1 more in high season. Each employee draws a monthly salary of 8,000 baht plus 5% as commission on sales. Monthly rent is 50,000 baht and the lease contract expires in October 20122 with renewal option 1 - 2 or more years. A security deposit of 150,000 is included in the selling price. The salon sees receipts totaling 2,2 million baht with a net profit of 800,000 baht per year. The owner is setting an attractive asking price due to his impending relocation and reflects a 1 year return on investment. Financial details will be disclosed to interested buyers. ASKING PRICE 1,200,000 BAHT BKK14388 [sunbelt][/sunbelt] Link to comment Share on other sites More sharing options...
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