Dive Shop And Restaurant

Dive Shop and Restaurant

Location: Pattaya

Listing ID# BKK13971

Price: 3,500,000THB

BUSINESS SUMMARY

This Pattaya business started trading six years ago as a Dive Shop and Restaurant. The enterprise is based in a two storey 200 square metre property that incurs monthly rent of 12,000 baht. A quiet location was chosen due to its proximity to both the pier and the centre of Pattaya, and a website has been designed using three different languages thereby attracting a wide ranging group of tourist customers. The property has two terraces, a kitchen, a living room and two bedrooms, meaning the new owner can live onsite or rent out the rooms for extra income. Four employees are on the payroll which totals 24,000 baht per month. Gross sales have risen from 2,000,000 baht in 2007 to 2,400,000 baht in 2009 (approximate figures), and net profits have also risen in the same timeframe from 500,000 baht to 550,000 baht. Assets and stock to be acquired have been valued at 1,500,000 baht. The owner is leaving to take up a new line of work. Asking price: 3,500,000 baht.

[sunbelt][/sunbelt]