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   Date    Header Price  
20/05/2006  Chiang Mai Concern,4 500 000
-- Restaurant -- Southern Region -- Phuket -- --   GE Edit
19/05/2006

Mediterranean style Restaurant

 7 000 000
BKK11374LG - This popular Mediterranean style Restaurant in Phuket has become available as the current owner has just accepted a good job offer in Bangkok. The venture only opened this year, but has a good location in the heart of the Patong Beach tourist zone, where good mark-ups are the norm; consequently trade has been highly encouraging, and the owner expects that the first year’s profits will come in at around 5,000,000 baht, from revenues of almost 8,000,000 baht. The owner states that only 20 per cent is required up front as an initial investment, but that he is also willing to consider joint ownership, if an investor were to buy 50 per cent of the enterprise and actively run the restaurant. Monthly rent is 60,000 baht (with a three year plus three year lease) for the 100 square metre property, which seats 80 customers. There are six full time employees in place, and the monthly payroll totals 60,000 baht.


Annual revenue 7,800,000 Baht ($195,000)

Annual Owner's benefit (earnings before taxes and depreciation) 5,010,000 Baht ($125,250)

Furniture, Fixtures & Equipment included in the Investment Price 1,500,000 Baht ($37,500)

Your Total Investment to own this business 7,000,000

Your Initial Cash Investment Needed 1,400,000 Baht ($35,000)

Inventory included in the Investment Price 150,000 Baht ($3,750)

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