Mini Mart And Cafe In Udon Thani

[SunbeltAsiaAdvisor]

Mini Mart and Cafe

Location: Udon Thani

Listing ID# BKK14098

3,000,000THB

BUSINESS SUMMARY

This Udon Thani Mini-Mart is also home to a Café, and has become available for acquisition as the owner must return to the UK to take care of the family business. Fresh and frozen western style meat products are the speciality of the shop; a full range of imported delicatessen items such as pies, pasties, cooked meats, pates and German cold cut sausages are supplemented by a wide range of imported cheeses. Fish products are also imported, and these include kippers, smoked salmon, haddock, John Dory and North Sea flounder. Alcoholic and non-alcoholic beverages from Europe are also on offer, along with a selection of traditional desserts.

The shop has a delivery service that caters to the entire city. A very good reputation has been built up in a relatively short space of time, and customers are known to travel from neighbouring cities to make their purchases. The café serves a popular assortment of long-established western fare, and Wi-Fi is available for the personal use of patrons. Monthly rent of 16,000 baht is applicable for a three storey double shop house property, with a rolling three year lease contract being in effect.

Centrally located in a busy street, the shop is within a five minute stroll of the city's main shopping district. Several guesthouses and apartment blocks geared towards western residents and travellers are located in the vicinity, and these provide the shop with a very good customer base. In the last six months of trade receipts have averaged 350,000 baht per month. A full breakdown of net profits will be provided for interested parties to inspect.

The sale also includes four agencies or branches in the nearby towns of Nakhom Panom, Sakon Nakhon, Ban Dung and Nong Khai with other locations currently being evaluated. A small outlet concession in the Udon Thani airport departure lounge is also included, along with stock space (five metres of shelving and four freezers) in a large Udon Thani superstore and an agency for western meat contracts in a major Udon Thani supermarket. Ongoing contracts are in place to supply over 20 businesses based in Udon Thani province, and the company is now the sole stockist and distributor for a Laos based food manufacturing company, two UK and European food import companies and a western meat wholesaling company. A fully operational website is also included in the sale.

A very healthy retail trade has been built up, with many repeat customers being attracted from all over the province of Udon Thani. This leads to an excellent turnover with massive scope for further development both within the shop premises and through outside trade. As the business was previously being offered for 3,750,000 baht, the owner feels the new 3,000,000 baht asking price represents tremendous value, especially as it includes all stock, fixture and fittings.

The shop features imported packing and electronic weighing systems and comes with an excellent very large air-conditioned four bedroom three bathroom apartment that can be used for owner accommodation, staff quarters or a combination of both.

Upon completion of the business transfer the present owner will work and consult with the buyer for a period of time (to be agreed) and will personally introduce him or her to all suppliers and major customers to ensure a smooth transition. Asking price: 3,000,000 baht.

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Edited August 31, 2010 by SunbeltAsiaAdvisor