Sitting in a high foot traffic area of Chiang Mai, this Mini-Mart is perfectly positioned to benefit from both local and tourist custom. Monthly rent has been negotiated at only 20,000 baht which the owner considers to be a bargain for the high profile setting. Measuring 96 square metres, the double unit shop house also contains a store room and an office, and all furniture and equipment is included in the sale. The owner has been in place for less than a year, but imminent relocation forces her to sell just as the business is taking off; the first 12 months of trade are set to produce receipts of 2,880,000 baht, leading to net profits of around 150,000 baht. The landlord is amenable to a long lease, with the proviso that the rent be increased by 10 per cent at each three year renewal.

Posted Jan 26, 2011

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