Centrally Located Bangkok Yoga Studio For Sale

Business description

This very well established Bangkok yoga studio has been operating successfully for many years. With over 1,900 active members and 8-12 instructors at any given time, both foreign and Thai, the business is able to provide classes that keep the customers coming back time after time. The large studio is centrally located in the city and easily accessible by public transportation as well as close to many serviced apartments, condominium towers, and popular shopping centers. Situated in just over 300 square meters, the premises has a large reception area, spacious studios, men and women’s locker rooms, an office, and room to further expand. The lease is extendable to 2010 and is currently fixed at a monthly rate of 120,000 Baht per month, which included parking for the owners, members, and instructors. Last year’s audited financial performance showed receipts of just over 4,271,511 Baht yield an owner benefit after payment of all expenses of 1,400,000 Baht. Living in Bangkok for nearly a decade, the current owner is now embarking on a new chapter in life which includes relocation outside of Bangkok. Therefore, the prospect now exists for a new owner to take over this enjoyable, low-stress, and profitable business for only 4,500,000 Baht. This represents a fantastic opportunity as the owner points out that there are many ways to further grow the business, some of which are already bringing in substantial supplemental income every year. All interested parties are urged to call or email Elite Business Group today to find out more about this highly attractive Bangkok Yoga studio for sale.

Property information

Real Estate:

Lease

Lease terms:

120,000 Baht per month. 3+3 year lease.

Other information

Support & training:

Owner is willing to stay for handover period

Reasons for selling:

Owner is relocating out of Bangkok

Trading hours:

7am-9pm