Chiang Mai Restaurant available for sale

: Restaurant in Chiang Mai :

1,700,000 THB

Listing ID# BKK15906


Province Chiang Mai
Country Thailand
Business Type Restaurant
Business Started 2016
Employees 14 Person


Annual revenue: 3,000,000 Baht
Payroll: 150,000 Baht
Furniture, Fixtures & Equipment
included in the Investment Price:
3,500,000 Baht
Your Total Investment to own this business: 1,700,000 Baht
Your Initial Cash Investment Needed: N/A
Inventory included in the Investment Price: 100,000 Baht


This restaurant is an assets sale as the owner seeks a quick sale. Located in a shopping mall near many moo baans in Chiang Mai, the restaurant is popular with families in the area.The nicely decorated space is 200sqm with quality kitchen equipment. Currently there are 14 full time employees with monthly wages of 150,000 baht. The lease is 3 years and rent on the space is 50,000 baht a month. Sales last year were around 3-4 million baht and a profit of 150,000 baht. The owner is selling the assets and location at a good price.
ASKING PRICE: 1.7 million baht

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