| Date | Header | Price | |
|---|---|---|---|
| -- Restaurant -- Eastern Region -- Chonburi -- Pattaya -- | |||
| 16:11 Oct 13 | 1202013 Large Garden Restaurant and Bar |
9 900 000 | |
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| Large Garden Restaurant and Bar – East Pattaya - Freehold Listing No. 066-12-02-013 • Business: Garden Restaurant with Bar • Location: Nongprue/Banglamung, Chonburi. The property is located amidst the largest cluster of luxury housing estates in East Pattaya. • Features: This Garden Restaurant with Bar is located in Nongprue/Banglamung, Chonburi, amidst the largest cluster of luxury housing estates in East Pattaya. Operating since 2005, the restaurant and bar has a regular clientele drawn from the local expat community. It features 68 seat capacity in individual Cabanas from 4 to 8 seats each, plus 12 seating at the round cocktail bar. The a la carte garden style restaurant is well designed with individual cabanas for privacy and enjoyment of the garden setting. The restaurant is serviced by a professionally setup kitchen with 8 refrigerators, coffee machines, 3 wine chillers, gastro dishwasher, plate warmer, gastro Zanolli double deck pizza oven, Krüger kitchen vents, salamander, 12 chafing dishes (for full-fledged buffet operation) and much more. Gastro POS is installed and credit card acceptance facilities are in place. The owner can assist in transitioning the restaurant - if required. The land value of this property alone is around 6 million baht meaning that the business component of the asking price is around 4 million baht. The return on investment (ROI) of the business is therefore projected at less than 2 years (as demonstrated by the current owner’s performance). The value of the land and improvements, will (all things being equal) continue to increase. Buying this freehold business to operate yourself, or to lease for rental revenue represents a sound investment. Freehold Land Title Deed (Chanote/ โฉนดที่ดิน) provided without any existing third party obligations. All licenses/registrations valid and up-to- date (VAT registered company, licenses to sell food, local alcohol, imported alcohol, tobacco, display signboards and play music in public). Upon application, the owner will consider financing buyers to 60% at official market MLR per annum. Vendor Finance: Upon application, the owner will consider financing buyers to 60% at official market MLR per annum. This listing is also available for Sale and Rent, please ask for details • Tenure: Freehold Land Title Deed (Chanote/ โฉนดที่ดิน) provided without any existing third party obligations • Asking Price: 9.9 million baht (plus title transfer costs) • More Information: Please contact us for more information | |||
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