Beach Restaurant In Krabi

Beach Restaurant

Location: Krabi

Listing ID# BKK14162

Price: 4,000,000THB

BUSINESS SUMMARY

This established Krabi Restaurant is the business opportunity mentioned in the update to listing BKK13990, and can be acquired on its own or as part of the group. The 80 seat restaurant has been operational since 1999, and incurs rental payments of 112,000 baht per month for premises measuring 180 square metres. A large workforce is in place and this consists of 10 employees who are retained on salaries totalling 90,000 baht per month. Utility bills fluctuate by the season, but average roughly 18,500 baht per month. Assets worth approximately 600,000 baht will be included in the sale, along with an inventory of stock that is normally worth around 1,200,000 baht. Annual sales have consistently come in at around 16,000,000 baht over the last three years, with net profits of approximately 6,750,000 baht being the norm. The proposed sale has arisen because the owners are planning to move overseas to start a new lifestyle pursuing other business interests after 10 years in Thailand. Asking price: 4,000,000 Baht.

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