Date | Header | Price | ||
---|---|---|---|---|
18/05/2006 | Patong Beach Italian Restaurant | 4 200 000 | ||
-- Restaurant -- Bangkok and Vicinities
-- Nonthaburi -- --
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18/05/2006 | Restaurant in Nonthaburi province |
2 700 000 | ||
BKK12015YS - This Restaurant was established in 2004 close to a well-known shopping mall in Nonthaburi province, north of Bangkok. Nicely decorated, the business is always crowded both day and night, and this leads to annual revenues of 4,800,000 baht and net profits of 1,200,000 baht. The owner will be relocating overseas however, and must therefore place the restaurant on the market; his loss can be your gain, as all the hard work has been done, and a steady customer base has now been built up. A new three year plus three year lease is available for the new owner, but 90,000 baht will be required for the deposit for the renewal lease. Although the shop space is relatively small, with 60 square metres and 44 seats, the restaurant has been able to gain good financial results because of the good location and the popularity of the menu. The new owner will gain assets valued at 1,500,000 baht. Rent is 40,000 baht per month and the wage bill totals 44,000 baht per month. Eight employees operate the business everyday from 8 am to 10 pm. Annual revenue 4,800,000 Baht ($120,000) Annual Owner's benefit (earnings before taxes and depreciation) 0 Furniture, Fixtures & Equipment included in the Investment Price 1,500,000 Baht ($37,500) Your Total Investment to own this business 2,700,000 Your Initial Cash Investment Needed 2,700,000 Baht ($67,500) Inventory included in the Investment Price 10,000 Baht ($250) | ||||
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