Profitable thai cooking school for sale and in phuket

For Sale: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: 2,950,000

Leasehold Premises: 3 years with option to renew Rolling Lease

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

Security Deposit: ฿ 50,000