Restaurant In Bangkok

Restaurant

Location: Bangkok

Listing ID# BKK14097

Price: 3,100,000THB

BUSINESS SUMMARY

This two year old Italian Restaurant is part of a Bangkok chain of three, but is now being made available for acquisition as the owners wish to concentrate their attention on their two more prominent establishments. The new owner will acquire assets valued at 3,200,000 baht (an asset list is available for perusal) and a nicely located inner city leasehold property in which to operate. Sales are averaging 500,000 baht per month, but are offset by costs such as rent, payable at a rate of 75,000 baht per month, and salaries, totalling 50,000 baht per month for six full time employees. Other expenses such as utility bills and food and beverage costs have to also be factored in before net profits are determined, but detailed accounts are available for scrutiny. The restaurant operates from a four storey property that has offices set up on the third floor, and which also has owner accommodation on the fourth. Around 100 customers can be accommodated in the dining area, and there is a terraced area on the rooftop. Asking price: 3,100,000 baht.

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Edited August 31, 201015 yr by SunbeltAsiaAdvisor