|Business Type||Cafe and restaurant|
|Furniture, Fixtures & Equipment
included in the Investment Price:
|Your Total Investment to own this business:||3,700,000 Baht|
|Your Initial Cash Investment Needed:||N/A|
|Inventory included in the Investment Price:||N/A|
This casual neighbourhood restaurant is a turnkey business for someone looking to open a restaurant in an area that relies on locals and expats for year round business. The restaurant is located next to Mega Bangna, in the residential area of Bangkaew, an up-and-coming area of Samut Prakan. Countless condos and housing areas have already been built, or are being built at the moment, totaling over 10,000 houses. Mega Bangna is a large local attraction, due to the famous store brand Ikea, a gathering place for Thai people from all over Bangkok, as well as Chonburi and Samut Prakan. Local and International schools are within walking distance from the restaurant, in addition to the Bangkeaw golf course, which is situated right around the corner.
The restaurant’s environment is very peaceful and relaxing, stemming from its classic black and white retro decoration indoors and big gardens outdoors. The area is very calm with fresh and cool air. The menu is inspired by Europe, combining famous classic French, Swedish, Spanish, and Italian recipes that have proven popular in the area. Classic and creative cocktails are also available, made by our bartenders, as well as a fine selection of Italian and French wines. The restaurant currently operates six days a week from 11.30am to 12am with an al fresco dining area.
The business’s Facebook page currently has over 10,000 followers, and is still growing. The restaurant was opened in February 2017 and has seen rapid growth in regular customers. The business is fully licensed and in a new building with two gardens and a pond. The restaurant seats 60 in 90 sqm and 300 of gardens. The kitchen is fully equipped and the 4 full time staff are fully trained and will remain with the business, they take home a total monthly payroll of 65,000 baht.
There is a three year lease with a monthly rent of 47,000 baht plus 5,000 baht for garbage, gardening and maintenance. Sales last month reached 150,000 baht.
The current owners are on very good terms with the landlord and have secured a three year rental contract of THB 47000 per month. In addition THB 5000 per month is to be paid for the garbage, gardening and basic fixing service.
The owner is returning to his home country and so must sell the business.
ASKING PRICE 3.7 million baht
Foreign Business License
US Treaty Of Amity
Thailand Work Permit
Closing a Thai Company