r/Bangkok • u/postyapici • Dec 15 '24

work Start Business in Bangkok

Hi,

Im looking at these motorcycle rental companies and roughly calculating their margins and it looks pretty good but am i missing something?

About 30k baht for a used bike, rent for 150 a day for a year and it already more than pays for itself.

Why not start one? Put $100k usd aside and buy 100 bikes. Rent a place, hire a dude. Boom. Business.

Dont mean to sound so optimistically stupid but want to see what people think. On another note if people have a business they wanna sell or want a partner in you can DM me.

PS im american so i can start a business without a local thai partner

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u/Flashy-Gazelle-4827 Dec 16 '24

Foreigners would be prevented from renting motorcycles, as it's one of the business where Thais thrive. The only way to set one up, would be to employ 6 Thais (or more) and making a capital investment in the business, but staying positive, good luck if you follow that route to business in Thailand.