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Bangkok Restaurant available for sale

: Restaurant in Bangkok :

19,000,000 THB

Listing ID# BKK15803


BUSINESS INFORMATION

Province Bangkok
Country Thailand
Business Type Restaurant
Business Started 2016
Employees 20 Person

FINANCIAL INFORMATION

Annual revenue: 16,800,000 Baht
Payroll: 350,000 Baht
Furniture, Fixtures & Equipment
included in the Investment Price:
N/A
Your Total Investment to own this business: 19,000,000 Baht
Your Initial Cash Investment Needed: N/A
Inventory included in the Investment Price: 200,000 Baht

BUSINESS SUMMARY

This charming home-style Italian restaurant is located in newly constructed building in a busy area of Sukhumvit road in an area surrounded by 5 star hotels and high end condominiums and is well-reviewed on Trip Advisor. 
The 300 sqm restaurant has 7 years left on the lease and covers 2 floors with an balcony. The owner invested 20 million in the business for kitchen equipment, decor, software and security systems with a CCTV camera as well. Rent on this space is 372,500 baht a month and the building has parking for 6 cars onsite and 10 spaces in a nearby building with valet parking. Rent for the 10 spaces off site is 25,000 baht per month. There are 20 full-time staff with a total monthly payroll of 350,000 baht. A Thai company with 6 million baht in registered capital allowing for 3 work permits is included in the sale as is the registered trademark. Sales have averaged 1.4 - 1.5 million baht a month.
The new owner can change the focus of the restaurant if they desire as the location is prime. 
The owner is selling as he has another restaurant that takes up all his time and has no time to manage this one. 

ASKING PRICE: 19 million baht


For more information please

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