Jomtien Language School

Nong Prue, Pattaya, Chon Buri
Unit ID: U75566
4 Bedrooms
1 Bathroom
180 SqM Indoor Area
Jun 2010 Completed

About This Shophouse

This property is a 180 SqM shophouse with 4 bedrooms and 1 bathroom that is available for sale. It is located in Nong Prue, Pattaya and was completed in Jun 2010. You can buy this shophouse for a base price of ฿3,680,000 (฿20,444/SqM).

Business Opportunity: NO KEY MONEY

This Language school has been well-established for 8 years. The school is fully-licensed by the Ministry of Education (long life license). It offers a wide variety of languages available for students to learn. The languages taught include: English, Thai, Chinese, French and German.

The students are both Thai and foreigners.

The selling price includes:

  • Life long teaching license by the ministry of education (extremely difficult to attain)
  • The company (limited)
  • The staff (teachers, assistant and cleaner)
  • All teaching resources
  • School material

However, the most interesting aspect of this business is the fact that it offers a Visas service: Educational visa, and visas runs to Laos and Cambodia. This is a very interesting part of the income as it is very profitable. Staff of various companies; such as hotels and property management also come to learn to expand their use of those languages to become a more efficient and confident employee.

The cost of the lease has been constant for the last 8 years, the landlord has never increased the price. The lease of this 3 floor building, with 4 large classrooms, a kitchen, a large bathroom and a large balcony comes to 40,000/month. However, there are two sub-leases in front of the business, which adds to 16,000THB. This essentially reduces the cost of rent to 24,000/month. In addition, the cost of electricity is almost free as the vendors buy the electricity from the business at a higher rate.

You can takeover this business with the same exact terms and conditions from the previous owner, however, it will renewed so deposit money will be involved.

Do not miss out on this business oppurtunity.

Features

BalconyBalcony

Basic Information

Date Listed May 31, 2018
Updated 3 years ago
Property Type Shophouse
Bedrooms 4
View(s) Partial Sea View, City View
Water Price Government Rate
Electricity Price Government Rate
Listed By
Private Owner
Unit ID U75566
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