Italian Restaurant On Phuket

[SunbeltAsiaAdvisor]

One of the most and exclusive Italian restaurant is now available for sale.

Located in a residential area in Phuket, this restaurant, housed in two story building is well known with both expats and tourists. The 400 square meters restaurant seats 90 people and offers Italian cuisine and distinctive homemade pasta with great authentic Italian taste. The premises has 6 rooms upstairs, all air condition and with warm and cold water, for the owner or staff, but can also be rented out to bring in extra income.

A rolling 3+3+3 years leasing is guaranteed with only a 5% increase in rent for every renewal. The premises are well decorated with high quality fixtures and more than 2 million baht has been invested in renovations and equipment. there is a swimming pool for customers as well.

Annual receipts of around 7 million baht yields a net profit of 3 million baht after all expenses are deducted. The restaurant is generally closed in the low season and in high season 6 full time employees draw 42,000 baht in salaries monthly.

A Thai company comes with the business. The asking price is just a bit less than annual net income in order to obtain a quick sale.

ASKING PRICE: 2.8 MILLION BAHT

(BKK14292)

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