Italian Restaurant In Bangkok

Italian Restaurant

Location: Bangkok

Listing ID# BKK14148

Price: 14,000,000THB

BUSINESS SUMMARY

This upscale Italian Restaurant sits in a busy central area of Bangkok, where it has operated successfully for the last nine years. The owner is now planning to get married, however, and accordingly wishes to take a new lifestyle direction. A very reasonable asking price has been set, to reflect the value of the assets (appraised at 4,900,000 baht) and the well established financial success of the enterprise. In 2009 the restaurant saw receipts total 32,507,000 baht, and net profits of 4,877,120 baht were achieved after all overheads were deducted. Rent is understandably high for the upmarket premises, and is payable at a rate of 280,000 baht per month. Food and beverage costs need to be accounted for, along with salaries that total 500,000 baht per month for 25 full time employees.

The property has ample room to seat 150 diners, and has a car park onsite with space to accommodate 12 vehicles. Major transport routes are also within easy reach, and the restaurant is consequently busy most nights of the week. A highly professional website is linked and this helps to draw attention, as does a well proven marketing strategy. Extremely fashionable, well established and thriving, the business represents a unique opportunity for discerning investors. Asking price: 14,000,000 baht.

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