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Hotel Spa / Massage For Sale
Location Thailand
Asking Price Range < $250K
Gross Revenues $45000
Net Profit / Cash Flow $12500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2011
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Yes
Reason for Sale Other commitments
Description Very reluctant sale of lovely hotel spa massage establishment. Centrally located in the heart of bustling Bangkok this business is situated around Victory Monument. The Spa is based in the lobby of a busy hotel (80% occupancy) with its own reception area plus one room catering for four foot massages, a second room with three Thai massage beds and two oil/aromatherapy rooms (one currently used as a staff room). There is also a shower room between the two oil rooms.
This is not your average massage shop on the street; it has tasteful decoration and a serene environment making it a relaxing experience for customers. About 80% of business comes from the hotel where the spa is located and 20% from outside. 90% of customers are foreigners and 15% find us on the internet.
This spa is foreigner owned and is unique in marketing itself online utilising a dynamic website combined with social media tools like Facebook, Twitter, Foursquare and Google Maps. We have many customer testimonials, all posted online. This spa has a great reputation and a growing brand presence thanks to a substantial spend on marketing and advertising. It would be a fantastic base for expansion if the new owner wishes to grow with additional premises.
There are currently four full time employees enabling a foreigner to obtain a work permit and visa (please ask for details about a company formation).
The business is well established (we opened at the beginning of 2011) and is open and busy every day, a great going concern for a foreigner who wants a small profitable business in Thailand, no further investment required. Monthly rental is 25,000 Baht and we can assist in negotiating new terms (between one and three years).
Very genuine reason for sale. Hand over period and assistance available if required. Asking 1.1m Baht
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