Island TEFL, Bangkok

Bangkok Established English Teaching TEFL Business For Sale

We have noticed that Island TEFL, Bangkok is up for sale now http://thailand.businessesforsale.com/thai/Bangkok-Established-English-Teaching-TEFL-Business-For-Sale.aspx.  Previously the Phuket branch was being offered.  We don't know whether that one has been sold or not, but if so, we certainly wish the new buyer every success.

Our advice here is very similar to our advice for the Phuket branch, in that, firstly, we think it is considerably overpriced at $59,500 and that therefore we recommend any buyer to proceed with due caution.   First please read our ground advice and also the earlier Island TEFL, Phuket post.   

One additional factor to the Phuket sale that we feel is of concern here is the use of the word "established" in the advert.  Of course, much depends on your definition of that word.  Island TEFL is without doubt an established name, particularly on the internet.  However, their Bangkok branch does not seem to live up to that description, in our opinion, mainly because of its lack of any consistent physical presence.  Over the last few years, service there has been highly erratic, with at least three different locations being used, Thonburi, Victory Monument and now Silom.  Remember, Island TEFl has no permanent physical base or HQ in Thailand and is not actually a registered company as far as we know.  According to our definition, that does not qualify as being "established".  But it is up to you, the buyer, to do more research on the history and current situation there.

Please don't hesitate to contact us if you have any questions.

We're hoping to put up a review of another language school shortly.

Good luck,
Jill Franklyn

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