Imagine a charming candy shop nestled in a popular area of Koh Phangan, offering a selection of premium, high-quality sweets from renowned brands. The shop has a cozy, inviting atmosphere, with shelves stocked with beautifully packaged candies, chocolates, and gourmet treats. It attracts both locals and tourists seeking indulgent snacks and gifts, providing a unique shopping experience.
The shop’s location is strategic, in a bustling tourist area, ensuring a steady flow of foot traffic. The interior features modern yet warm decor, with display cases showcasing an array of delicacies. There’s a counter for quick purchases, and the layout is spacious enough to create a pleasant browsing experience.
Financial Details:
• Lease contract: 10 years at a reasonable rate of 22,000 THB per month.
• Electricity costs: Around 5,000 THB per month.
• Staffing: Two employees with a combined monthly salary of 25,600 THB.
Profit Potential:
The shop has excellent potential for good profit, given the high demand for premium and unique candies in a tourist-driven area. The pricing strategy focuses on quality and exclusivity, which can attract higher-spending customers. Additionally, the lease and overhead costs remain relatively low for such a prime location, and the consistent customer base offers stability. With proper management, a solid marketing strategy, and a focus on high-margin products, the shop can achieve strong profitability.
This business model combines a long-term lease with low fixed costs, making it an attractive opportunity for investors or entrepreneurs looking to tap into Koh Phangan’s vibrant market.
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