|Business Type||wine retail, distributor, wine bar|
|Annual revenue:||830,000 Baht|
|Furniture, Fixtures & Equipment
included in the Investment Price:
|Your Total Investment to own this business:||800,000 Baht|
|Your Initial Cash Investment Needed:||N/A|
|Inventory included in the Investment Price:||30,000 Baht|
This wine bar is located in a smaller commercial plaza close by Four Seasons Hotel and Resort in Mae Rim, Chiang Mai and has been operating for more than a year. The area is popular with resident expats and tourists visiting nearby sights. The wine bar has developed a good reputation among locals and expats living in this popular area. Currently food is available from other tenants in the plaza but the new owner may be interested in developing a small restaurant using the additional space in the back of the wine bar to make a small kitchen.
The premises has a total area of 120 sqm2 of which 64 sqm2 is indoor and another 40 sqm2 is outdoor covered by a roof. The restaurant is fully licensed with alcohol and tobacco license updated and valid until 2018. Wines are purchased directly from a main importer at very affordable prices, and sold with healthy profit margins.
The owner is currently selling to the local market, including private sales but the new owner could easily double current sales by increasing sales to hotels and restaurants.
The sale includes all furniture, fixtures and fittings including three large wine fridges, crystal glassware and china, sound system, sales and other equipment. Also included is the business Facebook page and existing customer base. A debt free Thai company with registered capital of 2 million baht is included in the sale. Accounts are available for a serious buyer.
ASKING PRICE 800,000 baht.
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Foreign Business License
US Treaty Of Amity
Thailand Work Permit
Closing a Thai Company