| Date | Header | Price | ||
|---|---|---|---|---|
| 18/05/2006 | Chinese Restaurant | 3 000 000 | ||
-- Restaurant -- Bangkok and Vicinities
-- Bangkok -- --
| Edit | |||
| 20/05/2006 | Chinese Restaurant |
1 200 000 | ||
| UPDATE! The owner is motivated to conclude a positive negotiation, as her new baby will be born soon; she has therefore dramatically lowered her demands, from 2,500,000 baht to just 1,200,000 baht. With such beautiful assets, a great reputation and a top location, most experts would agree that this represents great value at an asking price that is less than two times earnings. BKK11283YS - An award winning Chinese Restaurant has become available in the Lumpini region of Bangkok, due to the owners pregnancy. Only established two years ago, the enterprise has lovely assets, in good condition, that are worth 3,000,000 baht, and annual receipts of 5,400,000 baht that are producing profits of 720,000 baht. The contemporary 80 seat restaurant measures 137 square metres and sits within a prestigious building, where it has to pay monthly rent of 120,000 baht, with a lease term that can be negotiated to suit the new owner. The owner was planning to expand the concept to other high class locations in the city, but her pregnancy has caused her to change her plans; she is happy to train the new owner during the transition period however. The venue is highly though of, and has received several favourable reviews in the print and electronic media. There is a workforce of 12 full time employees, and the monthly payroll is 120,000 baht. Annual revenue 5,400,000 Baht ($135,000) Annual Owner's benefit (earnings before taxes and depreciation) 720,000 Baht ($18,000) Furniture, Fixtures & Equipment included in the Investment Price 3,000,000 Baht ($75,000) Your Total Investment to own this business 1,200,000 Your Initial Cash Investment Needed 1,200,000 Baht ($30,000) | ||||
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