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   Date    Header Price  
20/05/2006  Bangkok Restaurant350 000
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-- Restaurant -- Bangkok and Vicinities -- Bangkok -- --   GE Edit
20/05/2006

Thai Chinese Restaurant

 10 000 000
UPDATE! The owner has lowered the asking price from 14,000,000 baht to 10,000,000 baht.

BKK11234YS - An opportunity has arisen for an investor to acquire freehold space measuring 228 square metres in a serviced apartment block in one of the major Sukhumvit tourist sois. Currently operating as a Thai Chinese Restaurant, the venue can seat 100 customers, and has only become available as the owner is relocating overseas due to a new business opportunity. The freehold space has been valued at 11,000,000 baht, and the assets (worth 12,000,000 baht) are also included in the asking price of 14,000,000 baht. Established two and a half years ago, the restaurant has been making no profits, even though annual receipts have been coming in at 3,600,000 baht. There is a very high ratio of tourists in this area, and the apartment block is always full, therefore there is no reason why a new investor could not make the freehold space profitable, by continuing to operate as a restaurant, or by opening up a new enterprise altogether. At present there are 10 full time employees, and the monthly payroll is 100,000 baht.


Annual revenue 3,600,000 Baht ($90,000)

Annual Owner's benefit (earnings before taxes and depreciation) 0

Furniture, Fixtures & Equipment included in the Investment Price 12,000,000 Baht ($300,000)

Your Total Investment to own this business 10,000,000

Your Initial Cash Investment Needed 10,000,000 Baht ($250,000)

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