Asset Sale In Bangkok

Asset Sale

Location: Bangkok

Listing ID# BKK14138

Price: 900,000THB

BUSINESS SUMMARY

This Asset Sale consists of premises, furniture and equipment that were previously used to operate a Restaurant and Bar. The five storey property sits on Sukhumvit Road in Bangkok and incurs monthly rental payments of 50,000 baht. As the operation recently shut down a new workforce would need to be hired before the investor were to re-open for trade. The enterprise functioned successfully providing a themed menu based on an always popular western fare, but the new owner can re-open in any way he or she sees fit. A partnership dispute prompted the recent closure, and the trading name would therefore need to be changed. Annual receipts totalling roughly 3,600,000 baht were previously yielding net profits of approximately 1,000,000 baht every year prior to the shutdown. An initial investment of 450,000 baht will secure the business, with the balance payable over the ensuing six months. Asking price: 900,000 baht.

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