Bangkok Assets Sale - Coffee Shop Listing ID# BKK14168

600,000THB

BUSINESS SUMMARY

(UPDATE: Asking price reduced to 780,000 baht for a quick sale as the owner already opened another unrelated venture which now takes most of his time.)

(NEW UPDATE: The owner closed down the unit due to his staff already working in his new business and is now selling the coffee shop at a specially lowered price of 600,000 baht)

This Bangkok Coffee Shop was only established in late 2009, with the aim of attracting young office workers by offering a wide range of hot and cold coffees and teas, supplemented by several different smoothies and yoghurt drink creations. Alcoholic beverages also feature on the wide ranging drinks list, with beers and wines to the fore. The shop only incurs monthly rent of 7,200 baht per month, and, as salaries only total 17,000 baht per month for two staff members, overheads are kept to a minimum. Another business project has recently led the owner to consider a sale and recover his investment. The business is considered stylish, and has already featured on a leading TV show and in a top English language newspaper. Two car parking spaces come with the property, and there is ample room for customer parking in a nearby parking lot. The owner invested over 150,000 Baht to renovate and expand the place during this last year but feels that the business still doesn't suit his project. Early financial results have proved promising, and the end of year forecast would see receipts totalling roughly 1,000,000 baht yield net profits of around 500,000 baht, due to the low overheads. A website is already up and running and this gives full details of the various drinks on offer, while also offering promotions and memberships. Asking price: 600,000 baht.