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   Date    Header Price  
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-- Restaurant -- Bangkok and Vicinities -- Bangkok -- --   GE Edit
18/05/2006

Seafood Restaurant

2 950 000
UPDATE! The owner is now highly motivated to sell, as his father is seriously ill and he urgently needs funds to take care of him. He has therefore dramatically lowered the asking price from 4,350,000 baht to 2,950,000 baht. As the brand new assets alone are worth 6,500,000 baht, he feels that this now represents a real bargain. Not only that, but the rent has now been reduced from 160,000 baht to 110,000 baht per month.

BKK11863 - This Seafood Restaurant has total floor space of 255 square metres, seats 120, and is nicely decorated in modern style. Recently opened, just two months ago, the daily income is already averaging 10,000 baht. The owner invested 6,500,000 baht on the business set up, and is only looking to recoup his original investment. The business is selling only a seafood menu at present, but more menus could be added in the future. The location is superb, with a number of other restaurant businesses in the immediate vicinity; the owner feels that the building would even be suitable to turn into a pub, especially as most of the customers are expatriates due to the proximity to the Silom and Suriwongse area. Easy to get to by any number of transport systems, the restaurant has regular customers both day and night. The present owner is reluctant to sell, after all his hard work to set up the business, but unfortunately he needs to get money to nurse his father who is ill.


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 6,500,000 Baht ($162,500)

Your Total Investment to own this business 2,950,000

Your Initial Cash Investment Needed 2,950,000 Baht ($73,750)

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