Profitable thai cooking school for sale and in phuket

For Sale 3,950,000THB - Others
Ron1 900 2 Bedrooms 2 Bathrooms 1 Garage

For Sale:Profitable thai cooking school for sale and in phuket

Profitable thai cooking school for sale and in phuket Profitable thai cooking school for sale and in phuket Profitable thai cooking school for sale and in phuket

Profitable thai cooking school for sale and in phuket

The cooking school is set on 900m2 of land in a 2 bed 2 bathroom fully furnished house in the area of Kathu.

The actual cooking classes are operated from a covered open-air terrace on the properly.

The school offers a range of courses from a half day tourist package to the full 4 week master chef course.

Being in a tourist area however, the most popular class is the half day cooking class, which is conducted Monday to Saturday twice a day.

The school offers students the opportunity to learn any of their 27 dishes

and each class can have up to 12 students at a time.

The school’s website, which has very good reviews is included in the sale and this is the source of around 90% of the bookings.

Although currently quite profitable the ROI is around 3 years and there are fringe
benefits too.

There is some scope to improve the business. The obvious one would be for a new owner to trade on Sundays also.

More significantly though, under the current training classroom there is an area which

is suitable for a second classroom of similar capacity so with a small fit-out investment,

this would enable a new owner to potentially conduct 4 classes a day instead of 2.

Student transportation to and from the school currently costs around THB 70,000

per month, so significant savings could be achieved by buying a mini-bus for this purpose.

It is an ideal husband and wife business with the added advantage of a house to live in on a tropical island.

Business Details

Business Operational: Yes. First Traded: August 2015
Average Monthly Revenue: Low Season: ฿ 220,000. High Season: ฿ 410,000
Average Monthly Net Profit: Low Season: ฿ 100,000. High Season: ฿ 180,000
Current Staff: 5 Full-Time Salaried
Payroll: ฿ 47,000
Electricity: ฿ 3,000
Monthly Water: ฿ 2,500

Facts:

Buy the business: 3,950,000

Leasehold Premises: 3 years with option to renew Rolling Lease

Rent: ฿ 25,000 per month. Payable monthly in advance.

Security Deposit: ฿ 50,000

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