New Thai Business Listings march 18th

New Thai Business Listings
	March 16th, 2009 / Phone: 02.642.0213
	Dear Christopher, Welcome to this week's newsletter. Details of our new business listings are detailed below.

Please feel free to phone us if you are in Thailand on 02.642.0213 to discuss any of these listings.

But first we would like to provide you with details of recent business transfer activity:
Offer to purchase submitted awaiting approval or counter offer:

IT Company - offer of 17,000,000 baht, still pending.

Offer to purchase accepted and in the due diligence stage:

Bakery and Restaurant in Samui - offer of 4,000,000 baht accepted, still in due diligence.
Franchise Restaurant in Sukhumvit, Bangkok - offer of 3,200,000 baht accepted, still in due diligence.
Property Agency in Bangkok - offer of 1,000,000 baht accepted, still in due diligence.

The owner of this Consumer Marketing Data Company is looking to raise funds for a property investment, and will consequently sell the enterprise to achieve that aim. Established in 2004, the company now has a business database that details the contacts of over 100,000 qualified middle class and high class consumers. No employees have been required to date, as the owner runs the business single handed. An initial investment of just 500,000 baht will secure the business, with the balance payable over the ensuing 12 month period, at a rate of 210,000 baht per month. Full details of financial results will be made available for interested parties to scrutinise. Approximately 20,000 consumers on the database have purchased products and services with a value between 50,000 and 300,000 baht within the last three years. The purchases have been made using cash, credit card and loans. These qualified consumers are actively pursuing a better job and quality of life, focusing on self development through education and learning of languages. The demographic make up includes high net worth individuals and families who are graduates and undergraduates with masters and doctorate degrees. (BKK13668)
Total Investment to Own: 3 million baht.

This Natural Weight Loss Diet and Body Detoxification Company is in the start up phase. Products will be sold throughout Thailand after being imported from the manufacturer in the United Kingdom. Plans have been drawn up to raise working capital through a share issue, with part of the cash also being designated for the purchase of assets. 100,000 shares have been made available, and this is equivalent to 50 percent of the company. An asking price of 500 baht per share has been set. A customer service team is being recruited, and will be available to handle sales on a 24 hour basis, seven days a week, via telephone and internet. It is forecast that the next three years will see an explosion of sales, with shareholders seeing generous returns. Plans for the aggressive marketing and sales strategy will see the product becoming a household name through customer referral and strong brand awareness. The next phase, again in three years, would see the product franchised to master franchise in the USA for a minimum of US$1,000,000 and then to other countries in Europe for an equivalent fee. (BKK13667)
Total Investment to Own: 500 baht per share.

Investors are being offered the opportunity to build up the Master Franchise of an international, multi-award winning franchise specialising in an extensive range of Unique Tea Related Beverages. The idea was first launched in a nearby Asian country in 1992, and approximately 700 stores are now operational around the world. Recently arrived in Thailand, the brand aims to establish 30 stores in upmarket shopping malls within five years (it is believed that at least 200 stores can be opened throughout the country during the ensuing years).

An input of capital is now needed, as 12,500,000 baht has been spent to date to create a Bangkok headquarters and two recently opened outlets (one in Bangkok and one in Pattaya). Two options are on the table: a 50 percent acquisition for 12,500,000 baht or a full buyout for 15,000,000 baht. The first option would mean an active or passive investor would be matching the initial development investment to date; he or she must also be prepared to match any future investments, although this would only be by mutual consent, and at this stage would probably be limited to 5,000,000 baht. The second option would require an active investor who would need to invest a minimum of a further 15,000,000 baht on the concept; a total of 30,000,000 baht would therefore be necessary.

The product range is considered healthy, clean and ethical, providing fun and energetic drinks that are not overly trendy, thereby appealing to a wide ranging customer base. An import license has been obtained, and employees have been trained in the product's country of origin. The first shipment of raw materials arrived late last year, in ample time for the launch of the first two shops. A very accessible location was found in a three storey property in Bangkok, and this expandable property acts as the company base (a house next door can be built to the same specifications if needed). A well proven highly efficient point of sale system has been implemented, and this tracks stock and provides sales information in real time via the internet.

Both shops, although new, are experiencing very good repeat custom. Almost 1,000,000 baht has been spent on marketing, and plans are afoot to launch the next four outlets in four of Bangkok's most prestigious shopping malls. Brand recognition is expected to grow as the year progresses, leading to increased sales. The cost of raw materials is destined to decrease as local sourcing is currently being undertaken. (BKK13666)
Total Investment to Own: 12.5 million baht (for 50%), or 15 million baht (for 100%)

UPDATE! The owner is eager to relocate at the earliest opportunity, and has consequently reduced the asking price from 1,800,000 baht to 1,300,000 baht.
An unexpected turn of events has forced the owner of this Bangkok Restaurant to change his plans and return to his country of origin. The eatery was only established around 10 months ago, after approximately 350,000 baht was spent on leasehold improvements and assets. An excellent location close to well known global fast food chain outlets in the Khaosarn Road area was carefully chosen, 1,000,000 baht in key money was paid to secure a long 10 year lease contract, with an option to extend, and monthly rent of 45,000 baht was agreed upon. Early results have been very good, and receipts to date total around 2,400,000 baht. An exotic cuisine is the specialty of the house, and a wide ranging menu has been implemented to critical acclaim. The restaurant sits in a two storey building, with seating for 34 diners in air-conditioned comfort and in alfresco surroundings. The monthly payroll totals 39,000 baht for five full time employees who are believed to be keen to remain to work for the new owner. (BKK13544)
Total Investment to Own: 1.3 million baht.

This Pattaya enterprise consists of a number of Serviced Apartments and Mini-Marts. The main building is a serviced apartment hotel with nine fully equipped rooms decorated in European style. Only renovated three months ago, the four storey hotel features brand new assets; all rooms are now air-conditioned, and equipped with cable television, hot water, mini-bars and refrigerators, while entrance is protected using a security key card system. Early results have been positive, with receipts averaging around 65,000 baht per month. The ground floor is home to one of the company's mini-marts, while another is located nearby on a busy soi. Both mini-marts are well equipped and supplied by the same contractor used by well known brand name franchise mini-marts in the area. The second mini-mart sits on the ground floor of a building with another three freshly renovated serviced apartments; this building sits close to condominium complexes and a leading hotel, and foot traffic is consequently always high. Over 3,500,000 baht has been spent in total on renovations and assets in both buildings. Projections for the first year of trade would see receipts total nearly 2,200,000 baht (after mini-mart stock costs have been taken into account), and these are expected to produce net profits of almost 1,300,000 baht. (BKK13670)
Total Investment to Own: 4.5 million baht.

Located on the ground floor of a condominium style hotel that has seven storeys of luxury apartments, this prestigious Restaurant is positioned to succeed. Handily placed between Jomtien and Pattaya, the 440 square metre enterprise provides seating for over 100 customers in the cocktail lounge, the restaurant itself and poolside. Around 21,000,000 baht was spent on assets and leasehold improvements when the restaurant first opened, about two and a half years ago. As one partner is returning to the UK, and the other does not wish to run the business single handed, an attractive asking price of just 15,000,000 baht has been set for a quick sale. Full financial results to date will be discussed with interested parties. Providing a fine dining experience featuring unique world-class cuisine served in sumptuous surroundings, the restaurant has quickly gained a reputation as one of Thailand's finest. Top quality steaks, succulent seafood and tasty Thai treats are augmented by a wide ranging international wine list. Private parties can be arranged, and regular jazz nights have proved popular. A highly experienced team is already in place and assistance will be given for a suitable period of time to ensure a smooth transition. (BKK13665)
Total Investment to Own: 15 million baht.

UPDATE! A new lease contract has just been signed, key money has been lowered, and the asking price has been reduced from 920,000 baht to 870,000 baht, although a joint partnership would now also be considered.
This Beauty Salon is located in the heart of Pattaya, and is surrounded by numerous bars, hotels and restaurants. Attractively decorated and well equipped, the salon looks out onto one of the busiest sois in the city, with an abundance of passing trade seven days a week. There are two styling stations in the salon, and two employees are in place earning 7,000 baht per month each. Monthly rent is very affordable at just 6,000 baht, and full financial results will be discussed with interested parties. The salon represents a perfect opportunity for investors looking for a small easy to run business for their partner to manage. (BKK13288)
Total Investment to Own: 870,000 baht.

UPDATE! The asking price has been reduced from 1,200,000 baht to 850,000 baht, for a quick sale.
After being completely renovated and redecorated, this Pattaya Bar now provides a beautiful location for patrons to relax. It sits on one of the best known sois in the city, with constant foot traffic all year round, as numerous hotels are located nearby, along with a variety of shopping outlets. Around 25 customers can be accommodated in comfort on the premises, where sofa seats are available, but there is also additional sitting room on the terrace. The owner feels that low rent of just 10,000 baht per month makes the bar a bargain, but he is prepared to listen to offers as he has too many other businesses to take care of. The payroll totalling 12,000 baht per month for five employees forms the other main outlay, and after food and beverage costs and general day to day expenses are considered, the bar earns annual net profits of approximately 400,000 baht, from receipts of around 1,200,000 baht (these are conservative figures as they are only for the last 10 months of trade). The bar has operated successfully for the last five years, but the current owner has only been in place for less than 12 months. He estimates that he spent around 650,000 baht on assets and leasehold improvements within that time. (BKK13390)
Total Investment to Own: 850,000 baht.

Located in the middle of Khao Lak, with 65 metres of beach frontage, this Phuket Resort sits on 3.3 rai (5,280 square metres) of Chanote titled freehold land. Considered perfect for families, the resort provides over 50 rooms, a restaurant, a beach bar and a swimming pool. There is even a huge private house onsite for the use of the owner. The resort has been very successful since opening in 2000, but the sale has now come about because of the unfortunate demise of one of the partners. Occupancy rates are always excellent, and receipts usually average around 10,000,000 baht per annum; as overheads are low these yield net profits of approximately 7,000,000 baht every year. Twenty one employees are in place to make sure guests are well looked after, and their remuneration totals 90,000 baht per month. The resort sits close to all the shopping and amenities that the popular town has to offer. Just 30 percent of the asking price will effect a business transfer, with the balance then payable within the following 12 months (or sooner if preferred). (BKK13669)
Total Investment to Own: 120 million baht.

Providing fast food in a modern setting, this Koh Samui Coffee Shop serves a varied menu that features doner kebabs and a range of bagels. The shop is located in a prime area and sits between two ferries at Bann Bang Rak on the island's main road. An attractive asking price has been set as the owner is looking to relocate at the earliest opportunity; the offering includes high quality stainless steel equipment in the kitchen plus all furniture, fixtures and equipment in the shop. The seller has invested approximately 1,500,000 baht on assets and leasehold improvements, but will transfer the business to a new owner for 1,100,000 baht. A brand new three year lease contract will be provided by the landlord, and this can be renewed on expiry. Detailed financial records have been kept, and can be examined by interested parties. (BKK13664)
Total Investment to Own: 1.1 million baht.

UPDATE! The asking price has been reduced from 5,000,000 baht to 3,300,000 baht.
Established over two years ago in a prime tourist location on Koh Samui, this dynamic Discotheque and Show Bar has been successful ever since. Sitting on Chaweng Beach Road, the establishment is surrounded by resorts, restaurants, bars and shops, and consequently benefits from busy foot traffic all year round. Decorated in contemporary style, the 120 square metre air-conditioned bar contains a top class light and sound system, a large video screen, a dancing area and a stage for nightly show performances. A 2,000,000 baht registered company is included in the sale, and this provides one work permit. In the last financial year receipts totalling approximately 3,700,000 baht produced net profits of roughly 1,120,000 baht, with the main overheads being monthly rent of 20,000 baht and salaries for nine full time employees. The lease does not expire until October 2011, and this can be renewed for a further three year period. (BKK13535)
Total Investment to Own: 3.3 million baht.

Located inside the constantly busy Kadsuan Kaew Shopping Mall, this small Chiang Mai Fast Food Restaurant has a seating capacity of 20. Nevertheless, after just one year of trade, the restaurant has earned net profits of approximately 400,000 baht; these proceeds result from receipts of roughly 2,400,000 baht. The main overheads are rent, payable at a rate of 25,000 baht per month, and salaries that total 17,000 baht per month for three employees. Food and beverage costs must also be taken into account, along with utility bills. (BKK13663)
Total Investment to Own: 1.2 million baht.

This Fast Food Restaurant sits on busy Nimmanhemin Road in Chiang Mai. The enterprise has been profitable since inception over two and a half years ago, and earned net profits of approximately 1,000,000 baht in the last financial year, after all expenses were deducted from receipts that totalled roughly 5,000,000 baht. The main overheads, after food costs and utility bills are taken into account, are monthly rent of 25,000 baht and salaries that total 42,000 baht per month for six employees. Up to 48 customers can be accommodated at any given time, and they are attracted by a unique menu; all recipes will be passed on to the new owner, along with all furniture, fixtures and equipment. (BKK13662)
Total Investment to Own: 1.8 million baht.

Located in the heart of Chiang Mai's tourist district, this Spa and Massage Salon has become available for acquisition because the owner needs more free time to take care of her children. The business sits in a four storey building that contains six bedrooms, four bathrooms, eight massage tables and two air-conditioning units. In all there is 200 square metres of floor space to utilise, and rent is therefore considered reasonable at 28,000 baht per month. Annual net profits of around 450,000 baht are being garnered after all overheads are deducted from receipts that average 780,000 baht. Six employees are in place, and a security deposit of 112,000 baht is included in the sale. (BKK13661)
Total Investment to Own: 495,000 baht.

Thank you for your interest in Sunbelt Asia. Please contact us to get more information on any of the new listings above, or take a look at our website for many more new business opportunities.
Sincerely,
Greg Lange. Managing Director
Sunbelt Asia

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