Phi Phi Island Restaurant For Sale

UPDATE: selling price reduced to 7,000,000 baht due to the owner necessitate all funds to re-invest into his hotel project)

This Phi Phi Island restaurant has been operating for more than 5 years in one of the busiest locations on the island. The premises measure more than 200 sqm and can seat 60. The lease for this major restaurants on the island still has another 12 years. Location and building type would be perfect for establishing of a fast food franchise or a famous coffee

The overhead reflects the size of the venture, with a monthly payroll of 100,000 Baht for 11 full time employees. Rent is 75,000 Baht per month while' food costs run around 35,000 Baht. Owing to it's island location extra costs include water at 50,000 Baht a month, electricity at more than 60,000 Baht a month and food delivery costs. Annual sales reached 14 million Baht with a cash flow of 3 million Baht.

A unique opportunity to buy into a restaurant on one of the most popular beach destinations in Thailand as the owners are starting a new project.

ASKING PRICE: 7 million Baht

BKK14231

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