|Business Type||Restaurant and Bar|
|Furniture, Fixtures & Equipment
included in the Investment Price:
|Your Total Investment to own this business:||3,500,000 Baht|
|Your Initial Cash Investment Needed:||N/A|
|Inventory included in the Investment Price:||N/A|
This brand new restaurant is only 9 months old but the owner is forced to sell as other business interests take up all their time – this is a great deal for someone looking to open a new restaurant in a new location. The restaurant is set in a new shopping mall and has a large outdoor terrace as well as 150 sqm inside.
The area is building up quickly with eight condo buildings nearby, a new international school going in soon and plans for a new dermatological hospital.
The terrace has been underutilized and with a good bartender and promotions the new owner could easily boost sales by 30 percent. Sales in the first nine months were 440,000 baht a month. The rent on this large space is 134,000 baht a month and the new tenant will be granted the first three months rent free and the next six months after that at 50 percent off. There are currently nine staff with a monthly payroll of 150,000 baht.
The owner invested 6.8 million baht in building this space but is selling the entire thing at only 3.5 million baht in what is essentially just an assets sale. This is almost half of the investment as the owner is keen to sell quickly.
ASKING PRICE 3.5 M. ( asset sale and location )
Foreign Business License
US Treaty Of Amity
Thailand Work Permit
Closing a Thai Company