Date | Header | Price | ||
---|---|---|---|---|
-- Restaurant -- Bangkok and Vicinities
-- Bangkok -- --
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19/05/2006 | Thai/Chinese Restaurant |
20 000 000 | ||
BKK11545YT - Deteriorating health has forced the owner of this large Thai/Chinese Restaurant to place his business on the market. The 1,000 square metre eatery can seat 360 customers, has parking for 120 cars and is located on three rai of land (4,800 square metres) on Ratchadaphisek Road in Bangkok, one of the city’s major roads. The owner spent 10,000,000 baht to establish the enterprise in 2003, and in the interim period business has thrived, with annual profits of 5,400,000 baht being earned from receipts of approximately 30,000,000 baht. Diners have the choice of air-conditioned comfort in plush surroundings or al fresco seating, and live music is provided for their entertainment. The business comes with pub and restaurant licenses but also has karaoke, dancing and hostess licenses which have never been utilised up until now (the owner wanted to keep his options open but has been happy with the success of the venture as it stands). Having gained an excellent reputation for food, service and atmosphere, the business has gained a regular customer base that includes a high percentage of businessmen and businesswomen. Monthly rent is very reasonable for the large premises, at 100,000 baht, and there is a large workforce of 50 full time employees commanding a total monthly salary of 400,000 baht. Annual revenue 30,000,000 Baht ($750,000) Annual Owner's benefit (earnings before taxes and depreciation) 5,400,000 Baht ($135,000) Furniture, Fixtures & Equipment included in the Investment Price 10,000,000 Baht ($250,000) Your Total Investment to own this business 20,000,000 Your Initial Cash Investment Needed 20,000,000 Bath ($500,000) | ||||
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