Fast Food

Fast Food

Location: Phuket

Listing ID# BKK14054

12,000,000THB

BUSINESS SUMMARY

This well positioned Phuket Fast Food Restaurant is part of a world famous franchise chain, and was established around six years ago in a well known tourist area of the island. The shop therefore benefits from its proximity to the beach, numerous bars, restaurants, hotels and shops, and is always busy, with annual receipts totalling approximately 16,000,000 baht in the last financial year. After all overheads were deducted net profits of roughly 2,500,000 baht were earned. The main expenses are the monthly payroll, which totals 120,000 baht for 10 full time employees, and rent, which is payable at a rate of 230,000 baht per month due to the high profile site. Assets included in the sale carry a valuation of 8,000,000 baht. The shop only has seating for 24 customers, but many patrons choose to order takeaway food and drinks. Trade proceeds around the clock, with the shop operating on a 24 hour license, seven days a week. The owner has been very happy with results to date, but has recently decided to move on to explore other business opportunities. Asking price: 12,000,000 baht.

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