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   Date    Header Price  
22/11/2006  RESTAURANT / GUESTHOUSE-
22/11/2006  RESTAURANT AND APARTMENT-
18/05/2006  Restaurant and Bar5 750 000
19/05/2006  Restaurant and Bar22 500 000
-- Restaurant -- Northern Region -- Chiang Mai -- --   GE Edit
20/05/2006

Restaurant and Bar

5 600 000
UPDATE! The owner has reduced the asking price from 6,500,000 baht to 5,600,000 baht

BKK11273GW - A Restaurant and Bar, with residential space, has become available for a freehold sale in the Muang region of Chiang Mai. The current owner is relocating, and will listen to offers for the four storey building and land, which have been valued at 3,800,000 baht. The building is only one year old, and has total floor space of 300 square metres, and parking for 30 cars. The ground floor business made profits of 765,000 baht, from receipts of 1,200,000 baht, in the first year of trade. There is a fully fitted kitchen to acquire, and the restaurant can seat 40 customers; total assets have been valued at 2,500,000 and are in very good condition. The upper floors consist of four bedrooms, three bathrooms and a living room; these could be utilised for extra income, or could provide accommodation for the new owner and his or her family. Four full time employees are on the payroll, which totals 25,000 baht per month.


Annual revenue 1,200,000 Baht ($30,000)

Annual Owner's benefit (earnings before taxes and depreciation) 760,000 Baht ($19,000)

Furniture, Fixtures & Equipment included in the Investment Price 2,500,000 Baht ($62,500)

Your Total Investment to own this business 5,600,000

Your Initial Cash Investment Needed 5,600,000 Baht ($140,000)

Inventory included in the Investment Price 15,000 Baht ($375)

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05/03/2007  RESTAURANT FOR LEASE-
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28/08/2007  Restaurant For Sale or For Rent -
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22/11/2006  RESTAURANT KATA-
05/03/2007  RESTAURANT KATA-
03/08/2007  RESTAURANT MANAGER-
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06/03/2007  RESTAURANT/BAR IN PATONG-
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23/11/2006  RESTAURENT FOR RENT20 000
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