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   Date    Header Price  
16/05/2006  Bangkok Fusion Restaurant7 500 000
16/05/2006  Restaurant ,in the Phrakanong region1 500 000
-- Restaurant -- Bangkok and Vicinities -- Bangkok -- --   GE Edit
16/05/2006

Bangkok Restaurant

2 900 000
BKK12189YS - This Bangkok Restaurant was only opened in 2005, at a cost of 5,000,000 baht, but the owner, who has a lack of time to manage the business satisfactorily, will accept just 2,900,000 baht to effect a transfer. Located close to an expressway, the restaurant is stylish throughout with a bright and breezy feel. Although the new enterprise has attracted early custom, with receipts of 3,600,000 baht being garnered in the first year of trade, overheads are negating all profits. The large premises measure 156 square metres, with 100 seats and parking for 100 vehicles; monthly rent therefore is not cheap, and is set at 65,500 baht per month. Staff salaries also account for 60,000 baht per month for the workforce of 10 employees. The lease agreement is a three year contract with an option to renew every three years. The owner feels that the business operates in a great location, close to a residential area, and he believes that if the new owner has more time to take care of the business then the revenues can be improved immeasurably.


Annual revenue 3,600,000 Baht ($90,000)

Annual Owner's benefit (earnings before taxes and depreciation) 0

Furniture, Fixtures & Equipment included in the Investment Price 5,000,000 Baht ($125,000)

Your Total Investment to own this business 2,900,000

Your Initial Cash Investment Needed 2,900,000 Baht ($72,500)


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