| Date | Header | Price | ||
|---|---|---|---|---|
| 21/05/2009 |  | Bangkok freehold condominium for sale | 15 000 000 | |
-- Restaurant -- Bangkok and Vicinities
-- Bangkok -- --
| Edit | |||
| 16/05/2006 | Bangkok Fusion Restaurant |
7 500 000 | ||
| BKK12177JM - This distinctive Bangkok Fusion Restaurant has been in operation for nearly three years, in a convenient and peaceful Silom location. The owner of the 400 square metre establishment is experienced in the restaurant business, and has created a beautiful and tranquil atmosphere including green gardens, relaxing terraces, and a very homely interior that is unique to the city. The restaurant is fitted with a top of the line European kitchen which is amply sized to serve the 85 patrons that can currently be accommodated. There is even room to expand in this space as the house also has an upstairs area with three large unutilised rooms, two bathrooms, and an office. The owner feels that this space would be perfect for accommodation, or for the creation of private rooms where diners could enjoy their meals in privacy. The business had sales of 7,500,000 baht in 2005, which translated into profits of 1,900,000 baht after deductions; these consisted of the payroll for the 10 employees, totalling 140,000 baht per month, utilities, and rent. One of the best features of this business is the long term lease which effectively runs for 12 years. Currently, the monthly rent is set at 110,000 baht per month for three years with an option for a further three extensions of three years each, with an increase of only 10% per renewal. The owner is reluctantly offering this business for sale as his professional career has recently taken off, and he cannot therefore manage the business to its full potential. Annual revenue 7,500,000 Baht ($187,500) Annual Owner's benefit (earnings before taxes and depreciation) 1,900,000 Baht ($47,500) Furniture, Fixtures & Equipment included in the Investment Price 6,000,000 Baht ($150,000) Your Total Investment to own this business 7,500,000 Your Initial Cash Investment Needed 7,500,000 Baht ($187,500) | ||||
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