Internet Cafe And Restaurant

Internet Cafe and Restaurant

Location: Pathumthani

Listing ID# BKK14046

350,000THB

BUSINESS SUMMARY

This Pathum Thani Internet Café and Restaurant is located on a busy street, close to a school and a new apartment block. This means the one year old shop is always in demand, as residents in the neighbourhood require frequent internet usage. Family run, the business benefits from low overheads; rent is payable at a rate of 4,500 baht per month for single storey premises measuring approximately 50 square metres. The only other regular expenses are utility bills, which vary from 1,650 baht to 4,150 baht per month, depending on air-conditioner usage, and internet connection fees of 800 baht per month. This means that net profits of roughly 135,000 baht were earned for both Restaurant and Internet Cafe within the first 12 months of trade. The sale has become necessary as the family are planning to relocate to Europe. An asking price that is equivalent to asset value has therefore been set, for a quick business transfer. As soon as the transfer is complete, and after a suitable handover period has passed, the family will migrate. An asset sale can be considered for the price of 150,000 baht securing the transfer of all equipments and furnitures in the event that the new owner would like to relocate the business. Asking price: 400,000 baht. ( - UPDATE - New asking price of 350,000 THB to secure a quick business transfer)

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