Bangkok French Restaurant and bar available for sale

: French Restaurant and bar in Bangkok :

16,000,000 THB

Listing ID# BKK15896


BUSINESS INFORMATION

Province Bangkok
Country Thailand
Business Type French Restaurant and bar
Business Started 2017
Employees 30 Person

FINANCIAL INFORMATION

Annual revenue: 2,500,000 Baht
Payroll: 700,000 Baht
Furniture, Fixtures & Equipment
included in the Investment Price:
30,000,000 Baht
Your Total Investment to own this business: 16,000,000 Baht
Your Initial Cash Investment Needed: N/A
Inventory included in the Investment Price: N/A

BUSINESS SUMMARY

In the heart of the happening Soi 11 on Sukhumvit the owner is selling both a popular French restaurant and the bar (two separate businesses, same great building). The new owner would walk in and take over the entire 5 story building, fully fitted out with beautiful décor and a fabulous ambiance and great reviews.

There is a total of 520 sqm in the building and the owner invested more than 30 million baht to fit both spaces out with high quality furniture, décor and equipment. Rent on the building is 270,000 baht a month with a 3 + 3 year lease. There are 31 full time staff with monthly wages of 700,000 baht. Sales in the low season reach 2 million and 3 in the high season. A dedicated owner could grow these figures, the current owner is selling as he has no time to concentrate on these businesses as other ventures take up his time.

ASKING PRICE: 16 million baht


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