Date | Header | Price | ||
---|---|---|---|---|
-- Restaurant -- Bangkok and Vicinities -- Bangkok -- -- | Edit | |||
19/05/2006 | Bangkok Fast Food Restaurant |
4 500 000 | ||
BKK11779G - This Bangkok Fast Food Restaurant was only opened last year, but has been profitable from day one, due to an excellent reputation, and a prime location in the heart of Bangkok’s Sukhumvit tourist belt. The owner is reluctant to sell, but is relocating to his homeland; he states that the enterprise has been enjoying income of 250,000 baht per month in low season, with profits of around 70,000 baht per month. No marketing has been done, and a brochure drop would almost certainly raise revenues even more, especially as the business delivers in the locality, and there are many expatriates living in nearby condominiums and apartments. As it is, business has significant repeat trade, and has built up a good following through expatriate community internet forums. The 60 square metre two storey shop house can seat 20 (with room outside to add more seating), and has a bar area and an upstairs office; monthly rent is 41,000 baht, with a three year plus three year lease contract. All relevant food and alcohol licenses are in place, and there are five employees (four of which are full time) and a monthly payroll of 30,000 baht. Financial results as they stand at present would lead to annual profits of 860,000 baht, from receipts of 3,400,000 baht. Annual revenue 1,680,000 Baht ($42,000) Annual Owner's benefit (earnings before taxes and depreciation) 420,000 Baht ($10,500) Furniture, Fixtures & Equipment included in the Investment Price 1,800,000 Baht ($45,000) Your Total Investment to own this business 4,500,000 Your Initial Cash Investment Needed 4,500,000 Baht ($112,500) Inventory included in the Investment Price 80,000 Baht ($2,000) | ||||
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