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   Date    Header Price  
18/05/2006  Chiang Mai Bar650 000
18/05/2006  Large Restaurant!2 500 000
18/05/2006  Café, Bar and Restaurant.1 800 000
-- Restaurant -- Southern Region -- Surat Thani -- --   GE Edit
18/05/2006

Restaurant and Bar

5 750 000
BKK12100FS - This Restaurant and Bar which was established eight months ago, in a central Chaweng location on Koh Samui, is a beautiful upscale outlet that provides quality food and drink. The owner spent over 2,000,000 baht to fit out the premises and the restaurant is making monthly average net profits of over 70,000 baht, earned from average receipts of over 500,000 baht per month. The venture is proving to be a success from the offset due to extensive advertising, and it has quickly developed a good reputation and a strong following among local residents and visiting tourists. Local guide books and maps feature the endeavour, and there is a large hotel development within walking distance, providing a ready made customer base. A website is almost ready for launch, and it is hoped that this will also help to garner custom. The owner points out that financial forecasts have been based on low and mid season trading, and he expects revenues to accelerate once high season takes off. The assets are all virtually brand new, and the new owner can begin trading from day one, with 10 full time employees already in place; these are paid a total of 70,000 baht per month, and monthly rent is 150,000 baht on what is currently a long five year lease (registered at the land office) with a negotiable option to renew. In addition there is a large one bedroom studio flat located above the restaurant and bar which is fully furnished, and as an added bonus the owner has pre-paid the rent up until August 2006. The sale price is 5,750,000 baht, which includes all the fixtures and fittings, goodwill, transfer of the Thai company set-up for the restaurant (which includes the paperwork for up to three non Thai nationals to work) and stock at time of hand over.


Annual revenue 6,000,000 Baht ($150,000)

Annual Owner's benefit (earnings before taxes and depreciation) 1,680,000 Baht ($42,000)

Furniture, Fixtures & Equipment included in the Investment Price 1,800,000 Baht ($45,000)

Your Total Investment to own this business 5,750,000

Your Initial Cash Investment Needed 5,750,000 Baht ($143,750)

Inventory included in the Investment Price 80,000 Baht ($2,000)

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