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   Date    Header Price  
20/05/2006  Phuket Restaurant and Bar1 540 000
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19/05/2006  Mediterranean style Restaurant7 000 000
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19/05/2006  Phuket Restaurant1 200 000
19/05/2006  Indian Restaurant2 500 000
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-- Restaurant -- Southern Region -- Phuket -- --   GE Edit
19/05/2006

Phuket Restaurant and Pub

3 050 000
BKK11411L - This Phuket Restaurant and Pub was established three years ago in Rawai, and specialises in Mediterranean cuisine. The large venue seats up to 100 customers by utilising an air-conditioned indoor area and a tropical garden setting. This leads to good profits of 2,400,000 baht, from receipts of 4,900,000 baht, due to good mark-ups and a strong customer base that has built up over the years. The single storey building measures 250 square metres, sits on land measuring 400 square metres, and has almost three years remaining of a three year lease, with a three year option to renew; monthly rent is 26,000 baht for the first year, but drops to only 22,000 baht per month after that. The current owner is loathe to give up his profitable enterprise, but ill health forces him to listen to offers; he is willing to offer owner training for a month after handover however, and will accept only 20% of the asking price as an initial investment, with owner financing for the remainder on negotiable repayment terms. The fully fitted restaurant kitchen contains a gas oven, an electric oven, five refrigerators, a microwave and a slicing machine; there is also a bakery and a wine cellar. Four full time employees form the workforce, and the monthly payroll totals 25,000 baht. There is also an apartment on site, measuring 75 square metres, which can be utilised for owner accommodation; this consists of two bedrooms, two bathrooms, a dining room and a kitchen.


Annual revenue 4,900,000 Baht ($122,500)

Annual Owner's benefit (earnings before taxes and depreciation) 2,400,000 Baht ($60,000)

Furniture, Fixtures & Equipment included in the Investment Price 500,000 Baht ($12,500)

Your Total Investment to own this business 3,050,000

Your Initial Cash Investment Needed 610,000 baht ($15,250)

Inventory included in the Investment Price 50,000 Baht ($1,250)

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