Bangkok Italian Restaurant available for sale

: Italian Restaurant in Bangkok :

1,400,000 THB

Listing ID# BKK15943


BUSINESS INFORMATION

Province Bangkok
Country Thailand
Business Type Italian Restaurant
Business Started 2019
Employees 4 Person

FINANCIAL INFORMATION

Annual revenue: N/A
Payroll: 70,000 Baht
Furniture, Fixtures & Equipment
included in the Investment Price:
3,000,000 Baht
Your Total Investment to own this business: 1,400,000 Baht
Your Initial Cash Investment Needed: N/A
Inventory included in the Investment Price: 300,000 Baht

BUSINESS SUMMARY

This Mediterranean restaurant is located on Sukhumvit on a popular soi less than a minute to the nearest BTS station. In a very busy area with many offices and tourists, the restaurant has five star reviews in all social media. 

Seating for 60 in both indoor and outdoor areas, there is also a good sized bar and a fully fitted out kitchen with new fully maintained equipment. There is also room for private functions as well as a huge storage area. The restaurant has signed up with several food delivery options which can be passed to the new owner.

If the new owner is interested in keeping the menu the chef is willing to train the new chef, however, the current chef is leaving the country which precipitates the sale. The rent on the location is normally 100,000 baht a month but the owner has reduced the price to 50,000 a month until the end of the year and then 65,000 baht a month for the first six months of 2021. The lease contract is for 3+3+3 years and is extendable. The premises was renovated five months ago. The three month depositor 300,000 baht is not included in the sale but is fully refundable. There are currently 4 full time and 2 part time trained staff.

A list of operating contacts will be passed on and the owner can share operating information. The owner is selling the company and licenses if the buyer wants to take over the company – the new owner will be able to operate the business immediately once the owner names have been changed. 


ASKING PRICE: 1.4 million baht

For more information please

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