Date | Header | Price | ||
---|---|---|---|---|
19/05/2006 | Koh Samui Bar | 1 200 000 | ||
19/05/2006 | Koh Samui Bar/Restaurant | 600 000 | ||
-- Restaurant -- Southern Region -- Surat Thani -- -- | Edit | |||
19/05/2006 | Koh Samui Bar/Restaurant |
1 800 000 | ||
BKK11626FS - This Koh Samui Bar/Restaurant has a very long lease contract, until 2023, with a monthly rent set at only 6,000 baht. With 160 square metres of floor space, the business sits on land measuring 450 square metres, right on the road leading to the beach, with a number of hotels close by. Established eight years ago, the enterprise is earning annual profits of 300,000 baht, from receipts of 500,000 baht, according to the owner, who is leaving due to a partnership dispute. The asking price has been set high, at 1,800,000 baht, due to the long lease that can be acquired with the business, but an initial investment of only 500,000 baht has been deemed acceptable, with the balance payable within a year through owner financing. Only one staff member is employed, and the wage bill therefore only totals 6,000 baht per month. Annual revenue 500,000 Baht ($12,500) Annual Owner's benefit (earnings before taxes and depreciation) 300,000 Baht ($7,500) Furniture, Fixtures & Equipment included in the Investment Price 20,000 Baht ($500) Your Total Investment to own this business 1,800,000 Your Initial Cash Investment Needed 1,800,000 Baht ($45,000) Inventory included in the Investment Price 10,000 Baht ($250) | ||||
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